Try the 30-day free trial. If you find yourself saying "wow, I didn't have to render that," you'll buy it.
Because it handles native footage so well, you'll rarely (if ever) create proxy files. This saves huge amounts of storage and prep time. Try the 30-day free trial
The primary color correction tools (three-way corrector, curves) are basic. You'll need to round-trip to DaVinci Resolve for serious grading. No built-in LUT management to speak of. I didn't have to render that