Love this post by Adobe's John Nack, regarding some recent articles  claiming Microsoft's Acrylic is a Photoshop/Flash/Illustrator/FreeHand/Fireworks/etc killer.
"If I were Microsoft, I'd be deflecting these assertions like crazy. Why? Because they set unrealistic, misleading expectations that end up reflecting poorly on new products.

...It's also false to assume that new apps need or want to kill others. I was a Flash developer in the late '90s, so when Adobe offered me the chance to work on LiveMotion, I jumped at the chance. Did I want to "kill" Flash? Of course not!

...So, back to the subject at hand. I think Macromedia's John Dowdell said it well: of course Microsoft will create tools to target its next-gen OS; it's not a zero-sum game; and different strokes serve different folks.

As Max Fischer would say, The killin's gotta stop."

Welcome to the party John!!