This would be useful for moving files to other applications and databases. As far as I can tell Adobe doesn't share any metadata for .mov files between any of it's CS6 programs either, Bridge, Prelude, Premiere, etc. As a still photographer who is now shooting DSLR video I want to get metadata entered as soon as possible for my still and video files. It would be best to do both stills and video at the same time. Camera Bits Photo Mechanic is the only program I've found so far that does this. Canto Cumulus is able to read Photo Mechanic's xmp files. I don't really need Photo Mechanic in my workflow except for this issue.
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