I continue to read Paul's site and he recently updated his great FAQ article on what to expect for Windows 7. How much is true is probably circumspect - I have yet myself to see the M3 release, but have heard great things.

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Now that "7" is now no longer a code name will Brad Pitt, Howard Shore or the Japanese performer Se7en be up for a marketing role?

Seriously though, features I think would be good in Seven (again I haven't heard, seen or can confirm any of this):

Support of lower specification hardware

Hyper-V built in

Multi-touch

MinWin or Windows Core

Customised UAC Slider

Media Center

Here is our CEO talking about Windows 7 and Vista: