WordPress v1.2 is out now. I think at last count I had three blogs running WordPress and another couple in development, so it’s going to take a bit of time to test out the new version and get it deployed everywhere. I’ll get to it when I can. This whole site needs a good redesign, so I might do it all at once.
You can read about some of the new features on the [url=http://wordpress.org/development/archives/2004/05/22/heres-the-beef/]WordPress Development Blog[/url]