Discreet today announced combustion 2, a new version of its visual effects software. combustion 2 features new multi-format project capabilities, including video, HDTV, and 64-bit color; advanced tool sets that include a fully-editable, interactive schematic view, a composting flowchart, a fully-integrated 2D particle system, and an interactive text and motion graphics module; and performance enhancements. The software will ship later this year Carbonized for Mac OS X for US$3,495. Upgrades will be $795.