Highlights/Shadows
The Highlights / Shadows effect is now available for all Fablers. You can add it to individual layers or the entire project from the Transitions & Effects Browser, where it is categorized under the "Color" category.
Check out the Twitter announcement for examples.
Improvements & Fixes
Added the ability to pan around the Timeline using the pan (hand) tool. To use it, hold the spacebar while hovering over the Timeline and click/hold to move around.