At last week's press event, Apple took the wraps off the next version of its iLife suite, bumping the name from iLife '06 to iLife '08 and providing a completely new version of iMovie. The suite retails for $79 (with no upgrade discounts) and ships for free with all new Macs.

iLife '08 requires a Mac with an Intel, PowerPC G5, or PowerPC G4 processor running Mac OS X 10.4.9 or later and QuickTime 7.2 or later. Some other special system requirements apply as well: iMovie '08 requires an Intel processor, a Power Mac G5 (dual 2.0 GHz or faster), or an iMac G5 at 1.9 GHz or faster; iMovie no longer supports PowerPC G4-based Macs. Also, iDVD requires a 733 MHz or faster processor.

As we near the end of the 2009, our minds tend to turn to time: the past and future. Here on the “Daily Deals” desk, the end of the year also means savings. Are you looking to save some time looking for a MacBook?