But only for Windows for the moment...

The top new features are highlighted on this page: http://www.adobe.com/products/photo...atures.html#nf1

A comprehensive list of the features is listed in this PDF: http://www.adobe.com/products/photo...in_overview.pdf

Product page: http://www.adobe.com/products/photoshopelwin/main.html

Photoshop Premiere Elements (Windows only) has also been updated to 2.0:
http://www.adobe.com/products/premiereel/main.html