RoaringApps has put together a fairly extensive, and constantly updated, list of current applications that reveal their compatibility status with Apple’s next big OS update, OS X 10.7 Lion. You can view the collection in list format, or as an icon grid as seen in the screenshot above.
As far as graphic designers concerned with Adobe apps, it appears that most do run under Lion, but with some issues. I’m sure Adobe will be providing updates shortly after Lion’s release.