Pixelmator looks like a possible Photoshop competitor with a pretty slick UI and is based on Apple’s Core Image technology. It’s supposed to take advantage of GPU-powered image editing, so your video card can handles some of the processing and frees up your CPU for other tasks. It doesn’t look like it will be available until late July 2006, but with a $59 price tag, it could be hard to pass up. We’ll have to see how it compares to Photoshop CS3, though it looks they share many comparable features. (via Daring Fireball)