Adobe’s upcoming Flash Catalyst (previously demoed as “Thermo”) is meant to let designers easily convert static Photoshop, Illustrator, and Fireworks artwork into interactive content without coding. It lets you turn imported layers into components quickly, specifying & tweaking animated transitions.
Evangelist Ryan Stewart and Product Designer Narciso Jaramillo have posted a clear, crisp little tour of the design process. Besides turning a Photoshop design into an animated prototype, they demonstrate using Illustrator to tweak the placed artwork.
Catalyst & the future of Flex were a hot topic at Adobe MAX. I wasn’t able to squeeze into one of the standing-room only sessions, but now you can check one out via Adobe TV. Ryan’s Catalyst demo (similar to the one above) itself starts around 17:30 and runs roughly 10 minutes. You can also get a look at the next version of Flex Builder, codenamed "Gumbo."