Betanews reports that a Merrill Lynch analyst has stated that Adobe will likely introduce their Creative Suite 3 near March 27th "with a ship date that would follow shortly afterwards".
Jay Vleeschhouwer, the analyst who wrote the report disclosing the release date, says he expects about six different CS3 product suites, and 14 individual products overall. Core CS3 products would include Photoshop, Illustrator, and InDesign.
ThinkSecret posted a similar article reporting that Adobe had ramped up the release of development builds and that a ship date could come "as early as the end of March."
Builds are now being released to testers on an almost weekly basis, each more polished than the previous with continual bug fixes and stability improvements.
Note: AppleInsider was the first to claim that Adobe would release CS3 before April 2007, making the claims as far back as October 2006.