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Non-Flash-based-PDF-reader press release: http://www.adobe.com/aboutadobe/pressroom/pressreleases/2011...

Gotta say I didn't see this coming, but it makes sense for what they're doing with Acrobat. I just hope to god that two things happen:

1) They don't turn the product into a trainwreck (overly cross-promoting, bulky useless features, etc). 2) They open up the damn API to the cheaper plans. I want to do cool stuff with their API, but I don't want to pay $500 a month for it...

I hope they don't kill it. It's an electronic signature system that actually works for humans, unlike the debacle that is Acrobat's.
I often use HelloFax as my signature system of choice. It actually works really well.
Anyone know what EchoSign is and how it works?

I can't find much apart from marketing speak on their website.

You upload a document, add some signature fields, they email it to all parties for signature, you get the e-signed doc back including an audit trail. Works great for contracts and services agreements.
I have tried nearly every offering in this space. RightSignature is by far the best solution I've seen. Echosign is a distant second place, IMO.
EchoSign is pretty awesome - we've used it extensively and it speeds of contracts, legal stuff, etc immensely. I hope Adobe doesn't mess it up.
After creating http://qktract.com I found about EchoSign from a few of my customers. I've taken a completely different approach to online contracts/signing than they have but it's nice to know that there is a good business model here and plenty of room for competition. Congratulations to the EchoSign team.
How has Docusign not been mentioned? Speaking from a developer perspective, their API is far and away the most flexible and easiest to get started with. Integrating with Adobe will definitely give EchoSign a bit more visibility (they really focused on consumers vs. enterprise before anyways) but I think consumers will want a separate solution anyways and enterprise will continue to choose the market leader (something like 95+ of the fortune 100 use Docusign already).
I used to work next door to these guys. Excellent product and sharp team. Congratulations!