From my first look there are some very nice improvements. And the Stock Photos Collection (Content Catalog) is worth the price of the program alone. Note to users who don't see any photos in the Content Catalog, enter a keyword or two in the new Search box and it shall be revealed.

The paint on photo effects give you more control over editing just a portion of a photo.

The new intuitive controls for editing photos (rotate, resize, round corners, etc.) are going to be a real time saver and the similar new controls on smart shapes are something to check out.

Dodge and Burn blend options are a welcome edition to the transparency filters.

Nicely done.