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The new features include support for distributed rendering, new robust API, ability to save and resume rendering later, improved light solver and motion blur, physically based camera, exposure and lights, and more.
Because it is still in development, the plugin is free to use and can be downloaded at the official website after registering at the forum. It has no restrictions like limited resolution or watermarks, and can be used for commercial work. Commercial versions with artist-friendly pricing are planned for the future.
Corona is a biased/unbiased CPU renderer currently available as 3ds max plugin, or standalone command-line application with Blender exporter. Autodesk Maya and Cinema 4D versions are currently being developed; versions for additional applications are planned.
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