zoom in zoom out focus on playhead
When zooming in and out in the Timeline, center on the playhead, like in Premiere and Audition.
Zooming in and out to a somewhat random area is not as efficient as how it is in the other programs. This is probably an ancient workflow leftover and would be so much better to bring this into the modern editing world and more consistent with the other programs.
I'd even accept the ability to set this as a default and still have the old way available for users who still want it.