Apple has announced that the eagerly awaited iLife 09 will begin shipping on January 27th. A quick excerpt from their press release states

CUPERTINO, California—January 26, 2009—Apple® today announced that iLife® ’09 will be available tomorrow, January 27, and features major upgrades to iPhoto®, iMovie® and GarageBand®, with breakthrough new ways to organize and manage photos, create movies and learn to play music. iLife ’09 is included with every new Mac® and is available as a $79 upgrade for existing users through the Apple Store® (www.apple.com), Apple’s retail stores and Apple Authorized Resellers.

For the complete press release read it here.
*Edit: …read more

I gotta say this first, David Pogue is one of my favorite tech columnist/writer. Why? Because his articles are always fun and easy to read. That being said… On with my post…
Apple released its much awaited upgrade to the iLife Suite. They chose to skip one year because of the delay so from iLife 06 it now jumps to 08. Does features jump that far ahead as well given the delay? Well for most of the apps yes. But according to David Pogue, iMovie is more of a leap backwards.
I haven’t had a chance to try the new iLife 08. …read more