Motiva released an update to Colimo, its texture and lighting workflow tool for real time feadback that allows you to change materials over what are basically pre-rendered images, which adds native support for V-Ray.
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Motiva Colimo 1.5 will have some new Depth of Field capabilities and also include an Auto-Stereo 3D feature. Motiva Colimo is sort of in a strange place providing a workflow tool for look development standing as interim between a 3D environment and a rendered image. You are able to change materials over prerendered images, that also take into account physical and accurate reflections, refractions and GI bleeding.
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Motiva has posted a short video showing off some of the new features in Motiva Colimo 1.2 which was released last month. Motiva COLIMO, a realtime postproduction tool that allows change materials over prerendered images,
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