We released the first snapshot of Barracuda (AKA Opera 11.10) yesterday. As you can see, the focus has been mostly on bug fixes so far, although most people seem to be eager to try some new features. …
The raw changelog was actually several times larger than the one that was published for the snapshot. This is fairly common when we produce public changelogs, because not everything is fit for public consumption. There may be things like internal architecture changes and preparations for things that are in the pipeline that can't be made public (yet). We also had to do things like merge lots of crash fixes into a single changelog item, just to keep the changelog down to a more manageable size.
So while the changelog you are seeing seems large (and I doubt that most people will even read most of it), it was even bigger before it was prepared for the public snapshot.
When it comes to new functionality, we have yet to announce what we will be adding to Barracuda. The initial announcement did contain a small hint, but as I mentioned, the first Barracuda snapshot is focused mostly on bug fixes. You can expect more of them in future builds.
New versions do need to strike a balance between new functionality and bug fixes, as it's important to stay competitive in the cutthroat browser market. We can't work exclusively on new functionality at the expense of fixing bugs, or vice versa. We need to do both.
It should be noted that the name of the browser is still "Opera". Barracuda is the code name for version 11.10 (or 11.1x, and future versions will also have various code names associated with them, but the browser is still called Opera.
So while you are waiting for the next announcement, remember to download Barracuda, and report bugs so that we can fix even more of them!