LightWave v9.5 Update Includes:
Character Animation Enhancements
* Hair and Fur System
* Collada, FBX and OBJ I/O support
* Enhanced IK and Animation Systems
Lighting, Rendering and Surfacing Enhancements
* Lighting System is now an API
* IES, Spherical and Dome Light types
* Enhanced Area and Linear Lights
* Faster and higher quality GI Rendering
* Disk-Based GI Caching
o Static Cache (only the Camera moves)
o Animated Cache (anything moves)
* Interpolated Soft Reflections/Refractions for Node-base surfacing
* Oren-Nayar Shading Option for Many Materials
* Optimized Materials and Shaders
SDK and LScript Improvements
* Light Plug-in Class for Third Party Lights and Light Plug-ins
* SDK Support for New GI Functions and Disk Cache
* SDK Support for New IK and Animation Capabilities
UI and Workflow Enhancements
* Composition Tool Overlays in Camera View
* OpenGL GLSL Enhanced View for New Lighting System
* Audio Waveform in the Graph Editor