I'd like to announce version 0.5.0 of CELT. CELT is a very low delay (<10 ms), high quality audio codec suitable for applications such as network music performance and high-quality teleconferencing.
This release includes simplifications to the bit allocation code and includes a new low-complexity mode that can be enabled (without breaking compatibility) on the encoder side and which results in a 50% saving on the CPU. There are several other optimisations and bug fixes included. The API has also been slightly modified, so code using CELT will have to be updated (minor changes).
Note that the bit-stream still isn't frozen yet. So the good thing is that you can still give us feedback so we can improve it. The bad thing is that you can't rely on backward compatibility yet.
