Everything I have read just states that the veloCD comes with Nero 5...no mention of a lite program.  Again, I'm assuming...and I  know that this is dangerous...that it will be the full retail version...or...then again...it might be a program that is specifically taylored to the veloCD.  Hmmmmm...good  question...guess I'll have to go to the site and see if they have a place where I can ask the question.  Thanks Hulaboy!