It should be a substantial update when compared to the previous version, but not sure it could bring all new features expected by all Pro users. Two versions are already running at beta level, one for Snow Leopard, and one for Lion. Some new features will only be available on Lion’s version, due to the changes made on QuickTime layer.The article also talks about Xserve and Steve Jobs continued disinterest in Blu-ray. The latter is not news though; anyone paying attention would know that Steve Jobs hates Blu-ray.
Hardmac: [Rumors] Some rumors