360 Stitching and Color Correction Workflow

The video quality coming out of the Virb 360 is not stellar. I can do basic corrections in Adobe Premiere (adjusting shadows, highlights, etc) and get much better results. But I am not using this device professionally and I hate that I have to own Adobe Premiere to get acceptable video out of the device. I also hate that I have to waste time stitching, exporting, adjusting, exporting again. Each encoding step is lossy and thus the video quality is unnecessarily degraded.

Are there any plans for adding color correction to Virb Edit so that I can use a single tool for the entire process?