iMovie 4 and an updated iDVD seem to bring big improvements, including easier sharing of movies and more editing features. [Thanks to MacRumors coverage of the Keynote.]
The highlight of iLife ’04 is a fifth application, named Garage Band — a major new pro music tool, but it’s for everyone.
Garage Band can record, live, up to 64 tracks and features 50 software instruments (playable via USB or MIDI keyboard), 1000 professional audio loops, 200 audio effects and both “vintage and modern” guitar amp simulators. [Via Macintouch]