Apple has updated its iLife software with what it claims is the most significant upgrade ever to their digital lifestyle applications.

New features include a revamped iPhoto which automatically groups photos in events, each containing a day’s worth of photos represented by a single picture, as well as offering new presentation and printing options.

iMovie has been completely ‘reinvented’ and now lets users import video from the latest AVCHD, HDV and DV cameras and digital cameras, as well as displaying a user’s entire movie collection, which can be viewed simply by skimming the mouse over the clip.