Pinch, punch, first of the month and straight out of the trap is a new plugin from Coremelt that offers advanced masking tools in FCPX. It's also on special offer for a limited time.
Coremelt has released SliceX, a plugin for FCPX that offers advanced masking tools in nine different plugin templates. At the moment it is priced at $49 reduced down for a limited time from $79.
SliceX is slightly different from the other masking plugins out there because it looks like you are not restrained by the number of points you can add or have to have in a mask. Other products just offer a 5, 10 or 20 point mask that you shuffle the points around to achieve the desired result. In SliceX you just click where you want a point, it looks quick and accurate. The plugin also has an onscreen mask selector tool.
"SliceX lets you create instant Shape Masks to cut out layers or isolate effects directly in Final Cut Pro X without having to go into Motion or create the masks with an external program. SliceX includes nine motion templates for common tasks and you can also use the Shape Masks with built in effects, the built in color corrector or with third party plugins.'
Coremelt has posted a demo video and four examples of SliceX in action
Create shapes instantly with custom onscreen controls
Use SliceX with built in effects, the color board or other plugins
Depth of Field and Tilt Shift Effects
Remove unwanted objects in frame