The end of photography?
With every version of Photoshop that came along, new tools were introduced to enable photographers to change the reality in their photos by moving, shaping, warping, or eliminating elements. The clone tool was revolutionary in the early 1990's; the healing tool even more so a few years later.
The newest version of Photoshop, CS5 (which is not out yet) includes a tool that not only can automatically do what all the other tools did, but can actually 'interpret' the reality in a photo and fill in what it thinks should go there.
The Content-Aware tool gives photographers the power to change photos so quickly and so accurately that I wonder if photography as we know it will cease to exist. Don't get me wrong, there are more cameras and photos in the world than ever before, and that seems to only be accelerating. But when entire elements of photos can be changed so easily and so well, I wonder if we aren't actually looking at something different, something closer to a painting. Photos become our interpretation of reality, and now need to be 'read' differently. If I like what I see in an online photo gallery, the correct response is now 'great image' instead of 'great shot'. And since we don't know the history of every photo we see, we have to assume that they might have been manipulated unless we know otherwise.