Serato Video-SL 1.0.2 is primarily a maintenance release with a lower CPU requirement on many computers. Intel video cards are now supported under Windows Vista, along with much wider graphics card compatibility on Windows based computers. 

Video-SL 1.0.2 adds the "Grid" effect back into the available range of transitions and introduces a new kind of transition called "Scratch Fade". This allows for quick but smooth transition between the cross and line faders on the Rane TTM 57SL mixer. "Scratch Fade" is the brainchild of iKutz, who has allowed the Serato team to work his innovation into Video-SL for this release. 

Video-SL 1.0.2 is free upgrade for existing owners from the Video-SL downloads page.

Full release notes with technical information is available here: http://www.serato.com/forum/discussion/93679