Following the success of Photoshop CS3 public beta, Adobe has released Premiere Pro CS3 and Adobe After Effects CS3 Professional on Adobe Labs for both Mac and Windows.
While Premiere Pro CS3 is available for public download, After Effects CS3 is made available to only users who own a valid serial number / registration code for After Effects 7.0 or Adobe Product Studio.
The retail version of Adobe Premiere Pro CS3 will also include Adobe OnLocation CS3 (from Serious Magic) and Adobe Encore CS3 (DVD Authoring) though they are not available in the pre-release version.
New features in Premiere Pro include support for High Definition video, more output options for Web (flv), DVD, Blu-ray Discs, iPods and mobile devices. [Download Premiere Pro CS3 datasheet here]
Adobe Premiere Pro CS3 can also be used for making stop motion animation movies and time lapse recording (like clouds passing or sunflower opening over time)
Download Adobe Premiere Pro CS3 [640 MB, Windows PR]
Download Adobe After Effects CS3 Professional [500 MB, Windows PR]
Adobe Premiere Pro CS3 will also be a part of Adobe CS3 Production Premium and Adobe Master Collection.
Adobe Labs, Homepage, Premiere Pro Release Notes, New Product Features
Just In: Adobe Photoshop CS3, InDesign CS3, Illustrator CS3, Flash CS3 Professional, Adobe Dreamweaver CS3, Adobe Fireworks CS3, and Adobe Contribute CS3 are now available on Adobe Store for immediate purchase.