Lightroom 2.0 is now out of beta with a massive list of new features. It costs $299 in the US, and $99 for 1.0 users to upgrade.
The highlights for me is the new Profile Editor which allows you to create your own custom profiles for the rendering of RAW files, letting you choose how you want them to look. Hopefully this means I can create a profile that renders my Fuji S5 Pro’s raw files like the straigh out of camera JPEGs.
Another long standing bug is that the vignette effect filter only applied to the corners of the whole image, irregardless of whether you cropped the photograph or not. Now you can choose whether to apply it to the whole photograph or just the cropped area.