Nero 8 Ultra Edition will be released soon (first week of October) and you can still pre-order for $79.99 USD.
From the product page:
Now you can create and edit, convert and share, rip and burn, backup and protect your digital media, all from one easy-to-use interface!
New in Nero 8
- NEW easy-to-use and intuitive Nero StartSmart
- One-click import and share to/from online communities
- Playback on AVCHD and Blu-ray (BD-AV) video
- Backup files to CDs, DVD’s, HD DVDs and Blu-Ray discs
- Convert DVD Files to play on your iPod® or PSP™, and other portable devices
- Optimized for Windows Vista™
From the screenshots at Softpedia it looks like Nero 8 has a cleaner interface than version 7.
Check here for more information.