You would have thought with Microsoft announcing almost a year and half ago a huge update to their productivity suite (Office) that Apple would have spent that time to bring a major update to their own productivity suite (iWork 11). But by the looks of everything today, that is not going to happen. That is a real shame. I have always thought that Pages was due for a robust update to it's page layout features, things like advanced typography features, work group formatting, improved PDF live review, etc. These are features that I thought Apple could have added to Pages to really bring it more so into the realm of a semi-professional page layout tool, something in between what Pages is now and what InDesign is currently.
I really like the new iLife suite, but I am more than bit surprised that Apple did not take this moment to seize a real opportunity to overshadow the forthcoming Microsoft Office Suite. This could have been a huge bonus for Apple. Oh well.