CIO of CYA
http://forums.macrumors.com/showthread.php?t=325355MacScoop believes that the new version of Apple's iLife suite has gone "Golden Master" -- meaning it is complete and ready for distribution.
The development of the new iLife suite was actually finished a few weeks ago and nothing prevents Apple from releasing it during the summer or on early September, sources told MacScoop.
Many expected the iLife update at Macworld San Francisco 2007, but Apple made no mention or reference to it.
The last reference was from Apple's 1Q 2007 Financial Conference Call in which they suggested the iLife update was coming soon:
Q: Is iLife still a January release time schedule? A: We don't comment on unreleased products, but stay tuned