I saw the Adobe CS3 tools today - apparently releasing late summer.
Adobe Encore CD3 has BD capability though I believe it is essentially the Sonic software merged with Encore.
That said they had a disc playing that was HDV sourced, Encore authored and playing on the PS3 so that is all good!
The Red Camera movie was awesome.
They were playing back on a Sony 4k projector and the movie was a 10 minute short shot by Peter Jackson on two Red cameras. Image quality was very nice. Their video codec appears to be very good - I didn't see any compression artifacts.
Interestingly enough the film was shot in my town of birth (my mother lives something like 15 miles from Peter Jackson's house). The film was a world war one period 'war' short with all kinds of vintage planes and cars and tanks. Very impressive. Though the storyline was a little corny and there was no dialogue. It was a great demo though and I am sure that we will see more real films using cameras like the Red and the Dalsa cameras.
Can't think of anything else... there are a lot of 3D things going on - not sure how useful
3D on 4k is a ways off I think. 4K is really quite limited itself but I am sure that the large CE companies will begin to compete in that space before too long.