Lightroom Product Manager, Tom Hogarty, in a recent post at Lightroom Journal revealed that Lightroom 3 will incorporate lens correction technology. According to Tom, lens correction will be available via manual correction and Lens Profiles. There will be a Lens Profile Creation Utility available at Adobe Labs to let photographers create their own Lens Profiles.
This is exciting news and brings a frequently requested capability to Lightroom! Check out Tom's article and have a look at the video below for more information.