Magic Bullet Looks replaced the Magic Bullet Editors product.
There are important differences between these products. Magic Bullet Looks includes a brand new library of over 100 presets to help set the mood of your project. The user interface has been completely re-designed to enable you to more quickly experiment with different looks. Most importantly it is easier and more fun to use.
Magic Bullet Looks uses an entirely new render engine that is not backward compatible with the old Look Suite from Editors. Magic Bullet Looks includes a number of presets that duplicate very closely the looks available in Editors but it will not render Looks Suite looks in old projects.
Please visit the Magic Bullet Looks product page for the full list of features.