Blackmagic Design’s Intensity card is cheap, easy to use, and mighty powerful. You can preview video in After Effects, Premiere, Photoshop, etc. all using this card’s HDMI out. In Photoshop send a still to the monitor and preview it live there. Paint a little bit, export again, and see the change.  It also has HDMI in so you can capture uncompressed HD from a HDV camera like the Canon HV20. It’s pretty slick. That is, when it’s compatible with your software. After installing the CS4 Master Collection this little nugget reared its head when sending video out to my HD monitor.

An email to BMD support yielded this response:

"We are waiting for one last thing from Adobe to be sorted and then we should
be able to finalize our CS4 drivers. I’ve heard that this hopefully will
happen soon and then once we get that last issue ironed out the CS4 drivers
should be released. No timeframe for when that will happen but hopefully
soon."

So now I’m high and dry until Adobe gets itself in gear. Or I could fork out the cash for Final Cut Studio.

UPDATE: BMD just released the drivers for Windows. What about your Mac customers?