I suppose it was changed into the Filter Gallery with a preview for stacked effects?
Also: layers can be stacked up to five levels, and different sets of layers can be saved!?!
looks fine to me...but (this is an inside joke) first the mesh surgery!
also: there is now an activation like on WinXP. It is already used for win, and will be implemented soon for mac too: on install, the soft creates a special code that corresponds with your hardware (CPU number etc). To activate, your code is combined with your serial, and PS is activated after registration online, by mail or by phone. Now, when installing on another puter, the hardware will be different, so the activation won't work. You will keep the right though to install on a laptop also when you don't use both versions together.
also2: InDesign, Illustrator etc have all taken the step to CS at once. BusyBoyz over there in the Indian mud...