The most exciting user-visible change this time around is almost certainly the new iterator libraries. See the several links in the detailed release notes for more context, but this is such a good resource that I can't resist linking it again here: http://journal.stuffwithstuff.com/2013/01/13/iteration-insid...
EDIT: a link to the actual release announcement itself: http://thread.gmane.org/gmane.comp.lang.rust.devel/4596