Alongside the release of Photoshop 7.0 today, Adobe updated its four bundle Collections — Design, Web, Publishing, and Digital Video — to include the new version of the software. The Collections, which sell for US$999 (with the exception of the $1199 Digital Video Collection), represent a significant savings versus purchasing the bundled applications separately. Meanwhile, MacProf reports that Adobe has launched two new bundles in Italy, Creative Suite Standard and Creative Suite Premium, that have phased out the Collections in that country. It’s unclear what Adobe’s future global plans for the Suites will be.