Avid has announced its first upgrade to the Liquid Edition video editing software since taking on the NLE as part of its acquisition of Pinnacle. The upgrade takes the software to version 7.0, and shortens its name to Liquid.

Liquid v.7.0 adds support for Avid's Open Timeline technology, which allows native HD and SD editing editing on the same timeline in real-time. Transcoding allows fast, flexible editing of video regardless of format, according to Avid. The NLE also gains native support for editing of formats including WindowsMedia 9, DiVX and MPEG-4, which Avid says is aimed at repurposing and output of content to the Internet.

The upgrade gains real-time Timewarp, Stabilize and Dream Glow plug-ins, plus over 50 plug-ins taken from the aging Commotion compositing system. It also features integration of SmartSound music loops, allowing custom music creation directly inside Liquid.

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