I posted this in the S&T thread last week, but thought I'd post a separate thread for people who didn't buy S&T. To anyone who's bought LR3 in the last couple of weeks. Now that LR4 is imminent, call up Adobe and ask for the free complimentary upgrade to LR4. Here's Adobe policy. Upgrade policy after new product announcement This includes people that bought the Student and Teacher edition. Adobe will tell you that version isn't eligible. Point out that in the document that it specifically says the Student and Teacher edition is eligible. People have done this with success. Here's what it says under eligiblity. "•You must have a single-user retail, volume license, or educational version of an Adobe software " Also, nothing keeps you from buying LR3 for cheap ($70 or so) now and getting the free upgrade to LR4 and thus saving $80 over the LR4 price of $150.