Photoshop v7.0 for X
Think Secret has a peak at Photoshop 7.0 for Mac OS X:
Photoshop 7.0 will sport a new anti-aliasing engine that takes advantage of OS X's Quartz layer, along with live transformation previews, workgroup functionality, and a new file browser. It will also boast significant enhancements to text manipulation, featuring a text tool that allows you to wrap text around shapes, a spell-check function, and the usual text editing tools.
Screenshots also available.