Adobe announces new versions of Premiere and Photoshop Elements, and yes, they're both called 7, which means Premiere Elements skips two version numbers. New features include AVCHD support, automatic / intelligent tagging, a "videomerge" function, which automatically detects if a clip has a monochrome (ie. keyable) background, and Instant Movie (auto-generated movie). Also, Smartsound Maestro Quicktracks is included.
The software will hit the shelves at the end of September, price ca. 100 Euro.