iMovie Software Update: Version 8.0.3

Check your Software Update and you'll find a lot of iLife goodies, not least of which is the newest iMovie update. Version 8.0.3 brings a few handy fixes:

• * Support for 720p AVCHD Lite cameras and camcorders. (For those of you buying any of the newer cameras that use AVCHD Lite, like the Panasonic Lumix TS1, iMovie will now properly support the format. There had been speed/sync issues before. I was looking into a post on workarounds when this update fixed it.)
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• * Deleting a beat marker no longer modifies the project duration
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• * Video Effects palette now uses the correct thumbnail for still images.

As usual, please let us know in the comments if you notice any other performance or feature changes with this update.