[senu]

For anyone interested Adobe Premiere Elements is now on Ver 4
Im not sure it isnt just a minor upgrade from 3..
http://www.adobe.com/products/premiereel/

The much touted ability to make BluRay discs is a little underwhelming.
At this rate Blu Ray blank Media ,PC burners and players will not be commonplace before the release of ver 6 or even 7!
Photoshop Elements is now on Ver 6 as well

[rich_jtg]

Shamefully cut and pasted:

New features of Adobe Premiere Elements 4.0 -
Find what you need faster using the same Organizer that's included with Adobe Photoshop® Elements software
Turn a sequence of scenes into a polished movie in just a few clicks with Movie Themes
Share movies in many ways from one convenient place, the new Sharing Center
Upload movies directly to YouTube™
Animate titles to fit your movie's personality
Share movies in high definition, including on Blu-ray Disc
Easily edit movies to the beat of a favorite song
Rescue shaky footage with the new Image Stabilizer filter