And it's awesome! Adobe are hard at work making their CC applications the best they can be and are probably gunning for the high-end industry, but they still have some ways to go.
At NAB, Adobe announced a new update coming, and uploaded a bunch of videos to their channel demonstrating the new features, including this nice summary:
I'm particularly impressed by the new Character animation tools and the live playback in AE. Face-tracking is also cool, but I probably won't use that very often, much like the mobile applications. Color Tools in Premiere was a long over-due update, but they do have the dedicated SpeedGrade.
Media Encoder is growing into a powerful standalone application that's reduced my uses of AE's Render Queue.
Let's take a closer look at some interesting new features: