There's a 7.4 product announcement on the Digidesign website

[spkguitar]

PT7.4 Product Announcement

Though, many people expecting more features aren't going to like it.

[fhinspectit]

Oh my gosh, elastic audio, man just when I thought the comp was gaining ground. You mean to tell me that digi delayed the release of 7.4 for this. This along with the 895.00 virtual instrument bundle and man your set, Unless you want to use the instruments in any other daw. I have been playing with sonar 7 for the past two weeks and while it is different coming from pt, I can already see the benefits of freeze tracks, built in step sequencer and adc. Although I plan on keeping pt on my system, unless digi left out some of the details of the 7.4 release alot of folks will not be upgrading..