Today the second minor release of jQuery 1.4 was released. According to the jQuery team, it fixes a outstanding amount of bugs from the 1.4 release and landing some nice improvements.
Two new methods were added, .delegate() and .undelegate().
In this new release, large code rewrites had been done. Performance in version 1.4.2 has also improved. The jQuery team claim that this new release is 2 times faster than jQuery 1.4.1.

Image Credits: jQuery
According to the jQuery team, they have improved
- The performance of calling .bind() and .unbind(). (Ticket)
- The performance of .empty(), .remove(), and .html(). (Ticket)
- The performance of inserting a single DOM node into a document. (Ticket, Additional Commit)
- The performace of calling
$("body"). (Commit)
Read the whole post here.
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