- New audio editing tools. It took some time, but it looks well worth the wait. The audio editing tools look easy to use but also seem to get out of the way when you don't need them. And audio effects that make my kids sound like Darth Vadar? Can't wait.
- People finder. If it works as advertised, it will some projects, like birthday tribute videos for my kids, that much easier. I love Faces in iPhoto.
- One-step effects. I've used the flash and hold effect a lot on past projects. I'm so excited to be able to do it seamlessly with one click.
Apple's iMovie team has been hard at work! iMovie '11, available today, has some really nice new features. My three favorites, in order: