Yes, it is here. There are significant security features and improvements in this release. Matt has published a number of screencasts to give you a quick review:
Faster easier: http://blogs.technet.com/matthewms/archive/2008/08/27/internet-explorer-8-beta-2-screencast-faster-and-easier-browsing.aspx
Secure and Private: http://blogs.technet.com/matthewms/archive/2008/08/27/internet-explorer-8-beta-2-screencast-more-secure-and-private-browsing.aspx
Reliable: http://blogs.technet.com/matthewms/archive/2008/08/27/internet-explorer-8-beta-2-screencast-more-reliable-and-interoperable-browsing.aspx
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