I use blender (currently 2.74) for my video editing projects (and apart from a few issues, love it!), but have felt for a long time there should be a way to customize the text displayed on the VSE strip overlays...
I never have a need to see at a glance the full path of the file or the strip ID... so why can't I remove/change it? Simply the filename and framecount would be ideal for me. Information overload clouds the data that's meaningful, and as the view is zoomed out, the labels become useless (as it aligns left, cutting out what I want to see).
In particular, I would love it if the multicam selector strips could at least display the selected channel *before* the strip ID, so as I zoom the view out I can easily see which channel it is set to (would be a very quick code fix I assume). A center align would go great with that too!
Ideally if string make-up was customizable, alignment would also be too. And maybe it's too complex, but even some sort of adaptive string display would be good... i.e. when there's room, display full detail. When strips size is too short, display a cropped detail selection.
If someone would like to add this functionality but it is not considered a priority, I would be happy to fund it - email me!