Features:

* Make icon backgrounds transparent
* Select any color for icon backgrounds
* Save and Restore Icon positions for each (or every) screen resolution
* Select any color for icon text
* Automatically or manually select the best color for the text background
* Dynamically hide icons when you don't need them and show them when you do
* Quickly minimize all windows so that you can see your desktop wallpaper.
* See the help files (which include screen shots) for even more information.

What´s New:

No functional changes
FAQ updates related to Vista and some drop shadows
Changed compiler to Visual Studio Express (from VC++ 6)
Remove Win95 compatibility. No code change, but apparently it broke with 3.8.3 and no one complained so I assume no one cares.