After exactly three years from the very first version, we jave jQuery 1.3. What’s new here?
- Sizzle: A sizzlin’ hot CSS selector engine.
- Live Events: Event delegation with a jQuery twist.
- jQuery Event Overhaul: Completely rewired to simplify event handling.
- HTML Injection Rewrite: Lightning-fast HTML appending.
- Offset Rewrite: Super-quick position calculation.
- No More Browser Sniffing: Using feature detection to help jQuery last for many more years to come
- .hide() and .show() have been rewritten to become much faster. The frequently-used methods are now almost 2.5x faster.
- Default animations have been smoothed. Traditionally show/hide and slideUp/slideDown have only animated width, height, and/or opacity. We’ve added in margin and padding as well to provide a smoother animation. More information: show, hide, toggle, slideDown, slideUp, slideToggle
- and many, more. You can read full release post here
Long story short: we have a better library with a better than ever selector engine. We can now wait and wait for jQuery UI 1.6 final (now is on rc4) and we are all set 
Also, you can find a new api documentation for jQuery 1.3.
I hope in a week or so. Anyhow, by the end of January, both themes will be released