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Screenshots : http://ac.turbine.com/index.php?option=com_content&view=article&id=645-may-2011-screenshots&catid=85-2011&Itemid=68
Release Notes: http://ac.turbine.com/index.php?option=com_content&view=article&id=647-may-release-notes&catid=85-2011&Itemid=68
Info on the contract system: http://ac.turbine.com/index.php?option=com_content&view=article&id=644:town-crier-contracts&catid=39:articles&Itemid=53
It looks to be a pretty big update and the new undead art looks like a huge improvement over the old stuff. A lot of good changes/advances going on with this game.
Comments
I forgot to mention, I remember seeing a few comments from people about how they tried returning to AC but not having modern MMO controls bugged them.
A few months back they added mouse turning so now you can have a control setup just like all the other MMOs out there.