For those of you who don't know discreet has started shipping the latest installment of the acclaimed modeling package 3d Studio Max 5.
Boasting various new features from a new UVW Unwrap modifier to a new Set Key system to streamline pose-to-pose animation.
however it doesn't look like character studio 4 is available as of yet.
For full information including a complete list of new features, price and a demo cd check out discreet, home of max here.