Did Adobe drink too much sake or something and suddenly forget they where only up to elements 5 with the next release?

Anyone know if this one can read AVCHD? I didn't find it anywhere and it would be a pretty useless upgrade if it couldn't in todays video world. Also, how come we can no longer get it stand alone? If we do not want Photoshop Elements, we shouldn't have to pay for it..

Edit: A bit more google searching through a news blog site found the answer...

: Adobe didn't want to confuse customers when bundling Adobe Elements 5 with Photoshop Elements 7. So they skipped two numbers..

:It DOES support AVCHD, but I don't know much more beyond that, so if anyone has had the time to preview it, let me know :)

http://news.cnet.com/8301-17938_105-10025032-1.html

Hmm, not much to go on there..but it's good to see that it had no problem handling all the AVCHD files.

Now the big decision is as follows..

Get Adobe PE 7 in October....

Or wait to see what Vegas 9 Pro offers. Has anyone heard anything on that front, considering previous versions have been released in mid september?

When adobe releases the trial version will see if they'll include avchd support.

Anyone know where to get the APE7 beta?