Matt Mullenweg today announced the release of the latest version of WordPress, version 2.8.

I’m very excited to announce to everyone that the latest and greatest version of WordPress, version 2.8 “Baker,” is immediately available for download. 2.8 represents a nice fit and finish release for WordPress with improvements to themes, widgets, taxonomies, and overall speed. We also fixed over 790 bugs. This release is named in honor of noted trumpeter and vocalist Chet Baker.

For the new highlights and features, please go to:
WordPress 2.8 Codex: http://codex.wordpress.org/Version_2.8

More than 790 bugs, it’s a whole list.
Changelog 2.8: http://core.trac.wordpress.org/log/trunk?action=stop_on_copy&mode=stop_on_copy&rev=11549&stop_rev=10183&limit=100

Switch to direct download link, or you can upgrade easily via the WordPress admin dashboard panel.
Download link: http://wordpress.org/latest.zip