WordPress 3.5 is due December 5, 2012, and brings with it the new Media Manager, a much anticipated improvement to the Media Uploader and Media Library in WordPress.
Check Out the New Media Manager in WordPress is an extensive article and review I’ve published on Lorelle on WordPress. It features a step-by-step tutorial on using the new Media Manager for uploading and managing your images, video, and audio on WordPress, as well as a few of the unusual quirks in the new feature.
If you have a WordPress.com site, you will be able to test drive the new WordPress Media Manager. Those with the self-hosted version of WordPress will need to wait until December 5 when WordPress 3.5 is released or become a beta tester.