From Nero AG, we learn that the key features are:

Audio Features:

• Copy your favorite CDs to use at home or when traveling
• Select your favorite songs and create best-of CDs, make individual selections, time and time again
• Burn MP3 CDs, for hours of music enjoyment
• Design your own music CD covers, with numerous word processing and picture editing functions
• Create and mix your own sound files, with crossfades and volume settings
• Create playlists for your parties, with combinations of video files and sound files
• Arrange your own DJ mixes, with professional effects and multi-track option
• Rip music CDs, in all the different formats
• Split sound files, design crossfades and control pauses, easily and conveniently
• Copy your LPs and tapes to CD, in just a few steps
• Share your favorite hits
• Enjoy your favorite songs.

Photo Features:

• Find the photos you want and burn them onto CD/DVD media, it's very fast and very simple
• Archive all your photos, the layout is clear and your files are absolutely secure
• Design slide shows with your favorite pictures, fully animated and with backing music.
• Get more from your pictures, rotate in any direction, flip and edit using effects
• Put your photos on television, using UPnP™ with continuous update function
• View your pictures on PC or television, fully linked and crisply defined using Nero ShowTime 2

Video Features:

• Copy DVDs fast
• Record Home Videos on CD or DVD with a user friendly environment
• Burn videos from PC onto CD or DVD
• Save a complete DVD on a CD and keep the 5.1 Surround Sound
• Produce animated menus, titles and closing credits, with a large variety of templates
• Make even better home-made videos with background music and navigation effects, with the possibility of changing them at any time
• Record home-made videos on your digital camcorder, and watch them on your PC
• Edit DVD films completely individually, insert new contents and change subtitles and experience previews in real time
• Let your family share your videos via your UPnP™ network
• Play all your different digital media

Data Features:

• Burn your data onto CD and DVD
• Create backups, easily and automatically
• Archive your data, reliably and securely
• Design individual CD and DVD labels

TV Features:

• Create slide shows with photos, videos and music
• Produce playlists with your favorite hits to fill an entire evening, take a break from the inconvenience of CD changing
• Relive your memories with friends and relations in front of the TV, combine media and link hardware
• Watch the television channel on your PC
• Do not miss a second of your favorite programme with time-shifting
• Enjoy your favorite songs
• Experience your pictures and videos with links and special effects

The Applications that comes with this suite are:

Nero Home
Nero Scout
Nero StartSmart 3
Nero Burning ROM 7
Nero Express 7
Nero WaveEditor 3
Nero SoundTrax 2
Nero Vision 4
Nero Recode 2
Nero ShowTime 2
Nero MediaHome
Nero PhotoSnap
Nero CoverDesigner 2
Nero ToolKit
Nero BackItUp 2
InCD 5
Nero SoundBox
Nero ImageDrive

Let's now examine the package and its features and see if this suite can truly replace a lot of the various standalone programs we're currently using.