Kotkas has released version 3 of Paax Pro and updated Paax Free to v2.2.2.

Paax 3 Pro New Features:

• Improved MicroGranular time-domain technology for advanced time-stretching and pitch-shifting; individual settings for sound duration, fundamental (tone) and harmonics (timbre) transposition.
• New multi-mode resonant filter (low pass, high pass, band pass and band stop) with up to 30 dB resonance.
• New direct disk streaming option for straight-from-the-drive sample playback (no need for lots of RAM).
• New stereo flanger effect.
• New import of DS-404 preset files (.404).
• Up to 256 voice polyphony.
• Optimized audio engine (~20% faster).
• New GUI with a fresh style in light colors.
• New option for circular/linear knob action.

Paax Pro now costs $45.

Paax Free v2.2.2 changes:

• Fixed hanging notes with pre-listen button.