Just installed the update.
Neat feature I hadn't seen mentioned: Delete files from the Reader using the Reader!
I also tried opening a complicated PDF (First few pages of D&D4.0 DMG). It looks like it searches for text boxes and just renders whatever text it can find. Takes a while to reformat and you need to zoom in again each time to flip to a new page. It is certainly handy, but it isn't going to magically make viewing full page PDFs work on a tiny little screen. I imagine it works quite well on simple "book" pdfs though. It can't be good for your battery life, either way.
Very nifty. Now if Borders would just open a cheap epub book store, we'd be in business.
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