Patch 1.0.7 for Diablo III is now live with plenty of major additions and changes. Three of them are pretty big and can change the way you see and play the game.
New Feature: Brawling
PvP Arena is still pretty much a distant dream for Diablo III players, but there is now a way to test your might against your fellow players with the addition of Brawling, wherein you fight in a separate level called "The Scorched Chapel". You access this new Brawling zone by speaking with NPC Nek the Brawler, who is there in all four Acts. The zone call hold 2 to 4 players in free-for-all combat, and there is now also a new PvP chat for those who like to throw down.
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Nephalem Valor Stacks Now Persist Through Acts
You can now go from Act to Act while still retaining your NV stacks with this new change in patch 1.0.7, and characters now have double the pick-up radius so you don't miss whatever loot you may be after. Also, the resurrection time will no longer increase if a player is killed multiple times in a row, so you won't have any more reason to tear your hair out on a bad day in the game. There is also no more flinching animation (hit-stun) when hit by multiple enemies at the same time, so you have a better chance at defending yourself against mobs.
Monster Power Experience Bonuses More than Doubled
Experience bonuses in Monster Power levels have been increased to more than double their original percentages, with MP 10 now yielding an incredible 510% compared to its original 160%. This goes well with now players will now spawn in town instead of the last known checkpoint upon resuming a game, so you don't suddenly get overwhelmed even before you start and you can buy potions and make preparations before you actually start.
Also, Monster Power is now available for Public Games, so you can now challenge and get shared Nephalem Valor stacks to get the most insane loot possible. With that said, Izual is now included as a boss that grants extra reward when you have Nephalem Valor.
For more details on the additions and changes in patch 1.0.7, read the official patch notes here.