Blackmagic Design DaVinci Resolve 17 is a big update packed with a lot of new features plus a brand new Speed Editor panel that will be included free with new DaVinci Resolve 17 licenses for a limited time. The Speed Editor retails for $295. The new version is still free and the Studio version is $295. I would buy a new studio 17 license and get the free Speed Editor as that is an insanely good deal. Never hurts to have an extra license for a second computer.
Below is the full video with all the details plus some demos of the new features in action.

Beta 1 Update

Blackmagic Design has already updated to 17.1 three days after the initial release.
DaVinci Resolve 17.1 Beta 1 adds universal app support for M1 powered Macs.

DaVinci Resolve 17.1 requires a database upgrade from DaVinci Resolve 16.2.7 and previous versions. BMD strongly recommends you back up your existing database (both DiskDB and PostgreSQL) before performing an upgrade. 

Key Features

BMD states DaVinci Resolve 17.1 Beta 1 offers universal app support for M1 powered Macs to provide better performance on small laptops. Plus the unified memory architecture on M1 enables DaVinci Resolve 17.1 to leverage the power of CPU and GPU processing more effectively, avoiding the need for PCI Express transfers. Significantly, the combination of M1, Metal processing, and DaVinci Resolve 17.1 offers up to 5 times better performance when compared to previous generation computers. DaVinci Resolve 17.1 is also compatible with macOS Big Sur, and is initially only available for Mac.

The public beta of DaVinci Resolve 17.1 for M1 powered Macs is available for download now from the Blackmagic Design web site.

“We’re excited to support the new Macs powered by M1. We think it’s important that DaVinci Resolve customers can purchase these new Macs and run native software to get the best performance possible. The DaVinci Resolve engineering team has done such a great job and it’s exciting to be part of this technology revolution.”

Grant Petty
Blackmagic Design CEO

Cut

DaVinci Resolve 17 updates the cut page with smarter new features designed to help you finish quick turn around projects faster. The new metadata slate view with bin dividers is a new way to visually view, sort, and find shots quickly. Audio trim mode displays larger waveforms for more precise trimming. Smart reframing automatically re-frames images so you can export projects in vertical, square, or other aspect ratios without having to manually reposition every shot. A new icon view in the library lets you preview effects, transitions, and titles. …….

Source: https://www.newsshooter.com/2020/11/13/blackmagic-design-davinci-resolve-17-1-released/