There is no new version of Vector Effects (which I miss terribly). Many of the features are now built in to Illustrator CS, some of the features are available in other plug-ins from other companies, but since Corel killed the app a few years back, nobody has bought the code and re-released it.
The tool from that suite I miss the most is "Path Inset/Outset" - it was so much better than what AI has built in. And the 3-D extrude filter was better than AI CS' 3-D plug in too.