Another year, another LR beta.  Some hots & nots: Lots of video functionality added, like cropping and effects, geo-tagging and soft-proofing, but face detection didn't make it. And its still bad at making cofeee:

"New tools to enhance and share your digital photograph library

Even in a crashy, more alpha than beta stage, LR 2.0 is still a very interesting tryout. Proceed with care, and only with backed up files ofcourse: "SAN JOSE, Calif. - April 2, 2008 - Adobe Systems Incorporated today announced Adobe Photoshop Lightroom 2.0 beta, a public preview of new and improved functionality to be delivered in the next major release. Lightroom is the professional photographer's essential toolbox, providing one application for managing, adjusting, and presenting large volumes of digital photographs. Lightroom 2.0 beta will feature enhancements such as dual-monitor support, localized dodge and burn correction and will be the first Adobe application to support 64-bit for Mac OS X 10.5 Intel Macs and Microsoft Vista 64-bit operating systems. "Photoshop Lightroom 2.0 beta provides early access to requested improvements over version 1.3 and continues our ongoing dialogue and open communication with the photography community," said Tom Hogarty, senior product manager for Photoshop Lightroom and Camera Raw. "We're excited not only for our existing customers, but also for the general public who will have an opportunity to take Lightroom 2.0 beta on a test run." New in Lightroom 2.0 beta An improved layout in the Library module allows for a more intuitive approach to image organization by simplifying the location of the features needed to find and filter photographs. A new feature called Smart Collections automatically updates collections with images that match desired criteria such as star-rating, keyword or other metadata. "The Suggested Keywords feature eases the task of keywording by making recommendations based upon keyword associations across a catalog as well as the use of keywords in neighboring images." Photoshop Lightroom 2.0 beta includes improved memory handling through 64-bit support for OS X 10.5 Intel Macs and Vista 64-bit operating systems. Additional enhancements in Lightroom 2.0 beta include support for a dual monitor configuration that maximizes a photographer's workspace and can be easily adjusted to meet a particular workflow. Additionally, the Develop module has been updated to provide the ability to correct specific parts of an image without affecting other areas. Now, fundamental photographic techniques such as dodge and burn can be performed using the same non-destructive approach, allowing unprecedented control within the Lightroom program. Beta Availability Adobe Photoshop Lightroom 2.0 beta is available as a 30-day trial for free download on Macintosh and Windows platforms at http://www.labs.adobe.com/downloads. Existing Lightroom 1.0 customers will be able to test the beta for an extended period until Aug. 31, 2008 and can invite friends to take part in this trial period. Recommended system requirements are Macintosh OSX 10.4, 10.5 1 GHz PowerPC G4 or G5 or Intel-based processor, or Microsoft Windows XP SP2 or Windows Vista Home Premium, Business, Ultimate, or Enterprise, Intel Pentium 4 processor, 1 GBRAM and a 1024x768 resolution screen." Lightroom 2.0 beta can be downloaded from here

From a photographers (and not only) standpoint, this release is simply epic, both for the good guys ANd the bad ones :)   Adobe Press Release Adobe Launches Photo shop CS5 and Photoshop CS5 Extended