This version of Elive includes even more stability and usability of the livecd mode, especially when you install applications or do a lot of stuff on it.
It have also switched to a newer 188.8.131.52 kernel while it wait the final release of 2.6.24 that Elive is going to use.
The installer includes many useful and innovative new features that permit you to convert any Linux OS to a Elive system. If you have another linux installation on the partition where you want to install Elive, Elive automates the process by saving all your users, files, passwords, and minor system configurations. Note that this feature at the moment only works on systems that use a separate /home partition.
For who don't know, Elive, or Enlightenment live CD, is a Debian-based desktop Linux distribution and live CD featuring the Enlightenment window manager. Besides being pre-configured and ready for daily desktop use, it also includes "Elpanel" - a control centre for easy system and desktop administration.
As Elive development team said, this release is a DEVELOPMENT version, and specially that serie it is not ready for a end-use, on one hand the menus are not customized! but on the other hand remember that the E17 is updated to day from the CVS.
Btw, you can try this new development release by downloading the ISO at here.