I must say I'm surprised no one else has bothered to mention this. You can find the official notice on the club website here
Not much to get excited about really. Some mirrors still haven't updated, so configuring updates can be problematic. The first boot registration/survey thingy doesn't seem capable of recognising existing membership (albeit aluminium) of the Mandriva Club. Hence I didn't bother with the rest of their survey either.
Cosmetically, it looks a lot better than some of their recent efforts. You can get rid of the stupidly large menu button, but then you're left with a silly looking star symbol, needs more hacking to be got rid of. The default theme in KDE doesn't look as bad as last time.
Getting vmware tools installed is interesting, for me it required editing the Makefile and running various make options. Ho hum, Mandriva still underwhelms me.