They are essentially still the same products, and the free version still has the same limitations. Instead, the non-paid and paid versions are now known as DaVinci Resolve 12 and DaVinci Resolve 12 Studio, respectively. One of the first big changes you'll notice is that the free version is no longer referred to as Lite. Though it started its life strictly doing color, Resolve has become so much more over the last few years, and in version 12, it's now a full-fledged non-linear editor. The newest version of Blackmagic's color app, Davinci Resolve 12, has arrived.
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