The new Blender 2.74 has been released as of 31-03-2015. What's new?
Viewport has new compositing features, the outliner now handles orphan datablocks better.
Cycles got several improvements on precision, noise, speed and memory. New Pointiness attribute.
Modeling now allows custom normals, and you can transfer data layers between meshes!
Big improvements to hair dynamics and editing tools.
Game engine improvement.
Memory consumption optimization in Freestyle NPR stroke rendering.
Improvements in Grease pencil.
A new tool named “Cavity Mask” has been added to sculpting and painting, along with some other improvements.
For more information, go to the Blender 2.74 Features page
A great number of bugfixes have been done since Blender 2.72 was released on October 4th. On October 15th they released 2.72a which had a lot of bug fixes. On October 21th, another version has been issued with yet more bug fixes. These guys have been busy! 2.72b has now been released.
Click here to get the latest version and here for an overview of the newest features since 2.72.
Blender 2.72 released
On October 4th the new Blender 2.72 version has been released. It has some interesting new features as well as having hundreds of bugs fixed.