Apple's home application suite, iLife 11, has been launched by Steve Jobs during Apple's "Back To Mac" event and will be available for free on new Apple Macs.
iPhoto '11 gets hot new slideshow themes, facebook and email sharing improvements as well as a new full screen modes that observers have compared to an iPad app.
iMovie '11 brings a "people finder" similar to the one on Google Picasa, which recognises faces in movie clips, support for 24fps video editing and output, compatibility with Facebook and Vimeo as well as an intriguing trailer wizard which will certainly prove to be a major hit.
As for Garageband '11, it gets Flextime, Groove Matching as well as additional guitar and amp effects plus a truckload of minor improvements.
iLife '11 will be available in the US for $49 and in the UK for .... £45 with free delivery. The family pack license which contains five licences is also available for £69.
Note that the application suite requires Mac OS X 10.6.3 or later to work and that you can buy iLife '11 with Snow Leopard and iWork for £119.