Fire up Software Update, Apple has released a brand-spanking new update for iMovie '09.

The new update has arrived and promises to improve some compatibility issues. This is what Apple has to say about the their latest update:

This update improves compatibility with a number of devices and fixes other minor issues, including:

- Improved compatibility with camcorders using the iFrame video format
- Improved compatibility with importing video captured on the iPod nano
- Fixed problems with resizing the iMovie window during playback

The update is recommended for all users of iMovie ’09.

Woohoo iFrame support. Happy updating everyone. 

You can download the update directly from Apple's site here.