We've just released Android Studio 0.8.4 to the canary channel. In addition to a number of bug fixes, this version contains the new Android project view which offers a flattened and reorganized view of the Gradle project structure. It is not yet the default view, so to enable it, right click on the Project and choose "Android" from the list of views; it's at the bottom of the menu shown in the following screenshot:
You'll now see a project where all the build files are in one place, for each module the code is at the top, manifest files are grouped together, etc.
The biggest change is for hierarchy of resource files. First, they're all combined across Gradle source sets. Second, resources across all qualifiers (locales, orientations, screen sizes and densities etc) get combined into a single folder per resource folder type:
This work is not done yet; there are a couple of open bugs, and we're considering some additional improvements such as an option to merge modules together, allowing double click to open files rather than expanding children, etc. But given the large interest in this feature we wanted to make it available as soon as possible!
If you are already running Android Studio version 0.8.x, just restart it, or manually check for updates via Help > Check for Update... (on OSX, look in the Android Studio menu). This will download and install a small patch rather than download a full IDE image. If you are using an older version, you'll need to download a full install from the downloads page.
NOTE: 0.8.4. is currently only available in the canary channel, and Android Studio Beta will by default only look for updates in the beta channel, so if you want to update, open the preference dialog, go to the Updates category and change the channel setting.
If you run into problems, be sure to check the Known Issues page which we'll update as necessary
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