Pixel Blener is a new language that Adobe is developing right now that will allow you to create complex or simple effects on graphical images with in the Adobe suite of products.

Most importantly you can basically create custom filter effects that you can use with in Flash Player 10.

This is very cool and important from a Flash developers prospective because we will be able to create our own filters and effects that we normally would need to do within some other program like After Effects.

Check out the demo here… http://labs.adobe.com/technologies/flashplayer10/demos/videos/pixelbender.html

More info on Pixel Blender here… http://labs.adobe.com/wiki/index.php/Pixel_Bender_Toolkit