Valuable compositing and effects software for VJ's. Learning curve may be a little steep for inexperienced effects animators. Basically photoshop for video. If you like to use lots of filters in your graphics, and lots of text. this is the way to go.
New improvements include tighter integration with Photoshop, Illustrator and Premiere. Basically Adobe ported some of the best tools directly from Photoshop. Direct text creation in the timeline window saves alot of time, plus you can use hot keys to scroll through all of your system fonts while the text in your composition is updated in realtime.
Download link ^^