Apple announced the latest version of Final Cut Studio (version 3) this morning!
Consisting of six applications (LiveType did not survive the update), you can get more details here: http://www.apple.com/finalcutstudio/
From Apple’s Press Release:
Apple today announced a significant update to Final Cut Studio with more than 100 new features and new versions of Final Cut Pro®, Motion, Soundtrack Pro, Color and Compressor. Final Cut Studio features Final Cut Pro 7 which expands Apple’s ProRes codec family to support virtually any workflow and includes Easy Export for one step output to a variety of formats and iChat Theater support for real-time collaboration. Motion 4 includes enhanced tools such as 3D shadows, reflections and depth of field for stunning motion graphics and visual effects, and Soundtrack Pro 3 features new multitrack audio tools to streamline audio post production. Color 1.5 includes better Final Cut Pro integration and support for full color resolution, and Compressor 3.5 adds new features that make it easy to set up and customize your export options. At $999, the new Final Cut Studio is $300 less than the previous release and is also available as an upgrade for just $299.
I ordered my copy a couple of minutes ago. I’ll have more information about this over the next few days.