Pinnacle Studio 12 Ultimate will be released in early June 2008 and is available for pre-order. In addition to the video to dvd transfer capabilities and video editing capabilities Pinnacle Studio is known for, the new edition features the following:
New Plugins: new title plugins that allow for much more professional titles; new lighting effects; new transitions.
Pinnacle Montage: built in templates that allow photos and videos to appear on the same frames--looking at the demo, it's very impressive.
Simplified web publishing to upload your videos to Youtube.
Ability to output movies that you create to Sony PSP, iPod, DivX, 3GP, Flash.
Custom markers that enable you to make easier navigation of your project as well as precise timing.
New Audio Controls: you can create your own soundtrack for your project using digital audio controls.
If you don't already have Pinnacle Studio (and are not elgible for an upgrade) you should be able to order the full version after June 10, 2008 here http://www.pinnaclesys.com/PublicSite/us/Home/