t major release of AutoCAD will be in Q1 next year (Feb-Apr).

Expect Revit v5 before the end of October this year, which will feature improved DWG-read. An analyst asked, when will Revit supersede Architectural Desktop? Autodesk responded with two answers: "Customers will dictate it," and "The future is Revit."

And a little further down:

AG Edwards reduced ADSK stock from from a Strong Buy to a Hold.

MorningStar's analysis: "Although we expected the company to reduce expectations, the revised numbers are lower than we anticipated. The stock will probably trade down on this news, but we remain convinced it is undervalued on the basis of projected cash flows. While tough IT spending conditions will continue to take a toll, we expect business to improve in the coming months on the heels of new versions of two flagship products, Inventor and AutoCAD." - http://biz.yahoo.com/ms/020816/79616_2.html

AutoDesk needs to get their act together.  I understand that sales have halted.  In the AEC side of things, the incredible complexity of ADT, in combination with the uncertainty of the REVIT acquisition has us all holding our breath.  The 800 lb. gorilla is killing us!