Im just listening and seeing some of the new features that will come in ArcGIS desktop at 9.3.
ArcGIS Desktop 9.3 Label placement enhancements…
River name placement with multiple splines… new 9.3 algorithms
WYSIWIG editing for a realistic editing experience (clap!)
New disperse makers tool – automatically removes overlaps (clap)
Something quite cool to help support users of new label placement enhancements is a the New mapping center website – users will find resource downloads, models, style files, blog, map gallery, instructions, screen shots. Mappingcenter.esri.com