In this case another way to do it would be to put this formula into the Formula section of the Test field, just as you would with a spreadsheet.
?(amount < 3000,"yes","no")
In this case it doesn’t really matter much which technique you use. But if the formula references multiple fields, it’s much easier to use the Formula section because if you used the Code section you would have to enter the formula multiple times. If all you have to do is a calculation, the Formula section is preferable. The Code section allows you to do things that can’t be done in a formula, for example display a dialog or alert.
I think you must mean a learning curve vs. Panorama 6. In Panorama 6 there were two separate modes: spreadsheet and procedure mode. You had to pick one or the other for the entire database. Many users found this confusing. Panorama X is simpler since you don’t have to pick a mode that must be used for all fields. For each field you can pick either a formula (spreadsheet mode) or code (procedure mode) or both. Even better, the code section now allows any kind of programming, while in Panorama 6 only assignment statements were allowed. Once you get used to it I think you’ll find that the way Panorama X does it is far superior.