At the Apple Special Event today, Steve Jobs unveiled the latest version of iLife 11 to the world. iMovie
is getting a big upgrade with a ton of new features. iLife is available today and is included free when you buy a new Mac or $49 to upgrade.
Some of the latest features include:
New audio editing tools to make soundtracks better and make them easier to edit. Editing audio waveforms is now possible and they are color coded