WordPress 3.5 has been released! This is an exciting update for WordPress users and developers alike.
The main new feature is completely revamped media management. The media interface has been completely overhauled, meaning uploading photos and creating galleries is easier than ever. Adding meta data to your images and media is also completely streamlined.
For developers, there are new function calls to improve performance of your WordPress projects, and a number of other goodies.
Here is a video walkthrough:
For more information, check out the WordPress 3.5 announcement on WordPress.org.