The Photoshop World conference is currently taking place in Florida, and Adobe have given a sneak preview of Photoshop CS4. Rod Harlan has a video on his Digital Video Confidential blog here, with demos of improved algorithms in current tools (dodging and selections).
In other Photoshop news, MacRumors are reporting that Photoshop CS4 will be 64-bit on Windows, but only 32-bit on Macs. This is because the existing code base is written using Carbon, which isn't supported at 64-bit by Apple as it's been replaced by Cocoa (which is newer and does do 64-bit). This means re-writing up to a million lines of Carbon CS3 code in Cocoa, and Adobe say they just can't do that in time for the CS4 release.
That's right, Photoshop CS3 will not install on case-sensitive systems. A