I already knew that OpsMgr 2007 R2 Beta R2 was due to come on Connect soon, but now it’s there!

New Features
Import Management Packs directly from the MP Catalog
New Process Monitoring MP Template
Improved Windows Service MP Template
New feature to support custom queries in OLE DB MP Template
Support for non-Windows Discovery and Monitoring


Setup and Recovery
Support for SQL 2008

User Interface and Experience
Improved Alert Description customization
Improved Dashboard View search and selection
New Overrides Summary view
Improved UI performance and view loading usability
New and Improved Notification Subscription Wizard


Core Product
Support for monitoring IIS7
Support large scale monitoring of URLs
Improved behavior for Maintenance Mode
New support for monitoring logical sets of Performance Counters
New support to put a computer and all related objects into Maintenance Mode

Reporting
Improved object picker in the Report Parameter Header
New feature to create Service Level Monitoring

Web Console
Health Explorer now available from the Web Console

Keep in mind it’s a beta and some things can change in the final version!