At the eMetrics Summit in Washington, D.C., Avinash Kaushik, the Analytics Evangelist of Google unveiled the new functionalities that represent a major upgrade to Google Analytics.
They are (with more details in the full article): Advanced Segmentation, Custom Reports, a data export API (private beta), integrated reporting for AdSense publishers (private beta), multi-dimensional data visualizations called “Motion Charts,” and an updated user and administrative interface.
Full blogpost and details of each feature at Google Analytics Blog.
Thanks Baare for letting me know.