Hot on the heels of 10.6.5 iTunes 10.1 has been released today. It was rumored on the interwebs that this update along with the iOS 4.2 (which has not been released yet) would hit the web shortly after 10.6.5. Soon all iPad owners will be rejoice as they can then multitask!
As described in the picture above, this update to iTunes lets you stream video using Airplay on the new (black) Apple TV, sync with iOS devices running 4.2, and bug fixes. I predict 4.2 will be released this weekend or on Monday maximum since it has already been in Golden Master for a while now.