I’m a week or so late on this, but Blender 2.46 is out.

If you wished the rendering order of strips in the sequence editor made more sense, you’ll like this release. if you wish you could do a lot more advanced grouping, you’ll like this release. If you desire a completely free power tool that can do modeling, rigging, animation, sculpting, particles, fluids, compositing, video editing, image editing, audio editing, audio mixing, and overall world domination, you’ll like this release.