Clip Organizer - The new Clip Organizer replaces the old Clip Gallery - although both can exist and function concurrently. This is significant since Clip Organizer is not backward compatible with Clip Gallery, nor can it import your old Clip Gallery catalogs!

On its part, the new Clip Organizer functions as you would expect it to - adding a few niceties like better web integration, shared catalogs, etc. Also, the Clip Organizer functions in a task pane in PowerPoint - so that you can view the slide and the clip previews at the same time. Inserting clips is through drag-and-drop.