Xara Photo & Graphic Designer 11 has just been launched.
What's new in Xara Photo & Graphic Designer 11
The v11 Release Notes
Gary Priester's first look
Gary Priester has done his traditional first look which you can find at http://xaragroup.magix.net/PGD11/
A trial version is available for download from http://www.xara.com/photo-graphic-designer/download/