Adobe AIR blog announced the relese of Adobe AIR 1.5
Some of the latest features on AIR 1.5 are
1. Adobe Flash Player 10 Capabilities - Support for custom filters, blend modes, and fills with Adobe Pixel Bender, Supports new 3D effects with perspective, transformations and animations for 2D & 3D.Improved Video Quality & support for Speex codec to deliver high quality audio at lower bandwidth
2. Webkit Updated includes Squirrelfish, Now run AIR applications 35% faster 
3. Encrypted local database now you can encrypt your local database with Adobe AIR 1.5, Quick start link available on the blog
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