Mono 1.1.7 has been released, the major highlights of this release are:

• Revamped IO layer and http stack, this will give up to three times performance boost on networking applications.
• Significant Windows.Forms progress, lots of new widgets and improved widgets.
• 2.0 progress: compiler bug fixes, eight new ASP.NET 2.x controls (including databound widgets).
• New working assemblies: Configuration.Install and ServiceProcess.
• Upgrades to JScript and VB Alpha compilers.

For a detailed list, see the Mono 1.1.7 release notes.