Subtitle Edit 3.2.3 is now finally out with lots of minor improvements and fixes!
Change log
New: Added Brazilian Portuguese - thx XXXXXXXXXX
New: Added Italian language file - thx Maff
New: Added Portuguese (Portugal) language file - thx Ricardo Perdigão
New: Added Japanese language file - thx Nardog
New: Added Spanish language file - thx m2s
New: Support for subtitle format AvidCaption - thx Laszlo
New: Support for F4 subtitle formats - thx Fred
New: Export to Blu-ray sup format
Improved: Updated Tesseract to 3.01. Now includes (some) italic detection + adds support for Arabic, Hebrew, Hindi and Thai
Improved: Undo improved so it also works for textbox + redo (Ctrl+Y)
Improved: Many new configurable shortcuts (e.g. for fullscreen video player)
Improved: OCR tweaked a bit + BluRay sup files are processed faster
Improved: TextBox with current subtitle now shows cursor position - thx Leszek
Improved: Subtitle format PAC much improved - thx Peter
Improved: Subtitle format FCP Xml improved - thx Ulrik
Improved: Subtitle format D-Cinema improved - thx Karam
Improved: Splitting of lines - Thx Trottel
Improved: Auto break lines - thx Majid
Improved: Some fixes for Fix common errors/Remove text for HI - thx Majid
Improved: Optimized Fix Common Errors
Improved: DirectShow can now also play audio-only files
Fixed: Crash when setting Options - thx karmazyn
Fixed: Crash in set color (or set font) - thx LEO33
Fixed: Crash/freeze when loading large subtitle files - thx Ulrik
Fixed: Bug when clicking in list view while running ocr - thx sialivi
Fixed: De-selecting text in textbox via single click - thx XhmikosR
Fixed: Possible crash in spell check + German dictionary should work
Fixed: Missing save/load of a fix common errors setting - thx menes
Fixed: Removed Microsoft translate as it's useless with new quotas
Fixed: Milliseconds in timed text - thx Calle
Fixed: Names with spaces now works in spell check - thx Dr. jackson
Fixed: Do not use frame rate if it's zero (audio files) - thx dixie.fever
Fixed: Possible crash when saving xml files - thx Peter
http://code.google.com/p/subtitleedit/downloads/list