The Ubuntu update cycle marches on, with Beta 1 of Canonical’s distro having just been made available. 12.10 Quantal Quetzal will be out next month, and it will be following up, but not replacing, 12.04. Of course as an LTS, Precise Pangolin will still be around, but folks looking to get the latest software will be able to update to 12.10.
The beta itself has some new features that will be available in the final version, such as support for Logical Volume Management, and full disk encryption. Unity has been updated, and now includes support for previews and coverflow view. Finally, X.org has been updated, and Python 3 has replaced Python 2.
Hopefully the Python update won’t cause too many compatibility problems. Either way, you can grab the beta from the 12.10 download page.