After Effects 6.5...sounds cool....

[Jay_Blanchard]

Oh yeah, i didn't realize you could do that. Let's make this easier, here's Adobe's word, straight from the fact sheet:

"New Photoshop CS Integration:

Text from Photoshop CS files--point text, paragraph text, and text on a path--is now fully editable when you import native files as compositions. Photoshop CS files saved with 16-bit color can be imported into After Effects with layers remaining intact. When you save any After Effects frame as a Photoshop file, nested compositions become editable layer sets to reflect the composition's structure; when you open the file in Photoshop, the layer sets reflect the composition's structure. You can even turn a merged Photoshop document into individual layers after it is imported into After Effects 6.5."

[kai]

OH ok now that's impressive! Thanks Jay!

[Jive]

Yeah, I think the main difference with importing PSD files is that it will create comps for nested layer sets so that the nesting is essentially retained in AE.

[Taylor Moore]

The "cheese" award goes to Digital Juice because they had an aging "babe" in tight snake sking pants on a stage and she talked more about herself then about the product she was presenting. Pathetic.

Hey Monster, the aging babe is big time history. Her name is Kiki Stockhammer(sp) she was the first demo girl for the video toaster way back when....
she might be aging but she knows her s*%t. She's also fun to drink with :o