I am going to be doing a series of blog posts about what we are including in vBulletin 4.0.8
The first of which, is customizable user profiles. We have expanded on the functionality of this feature - incorporating things like templates, inline editing etc.
Enough of me yabbering on, here are some screenshots.
<div style="width:425px" id="__ss_4866948"><strong style="display:block;margin:12px 0 4px"><a href="http://www.slideshare.net/IBAdrianHarris/vbulletin-forum-software-profile-customization" title="vBulletin forum software Profile customization">vBulletin forum software Profile customization</a></strong><object id="__sse4866948" width="425" height="355"><param name="movie" value="http://static.slidesharecdn.com/swf/ssplayer2.swf?doc=profilecustomization-100729123454-phpapp02&stripped_title=vbulletin-forum-software-profile-customization" /><param name="allowFullScreen" value="true"/><param name="allowScriptAccess" value="always"/><embed name="__sse4866948" src="http://static.slidesharecdn.com/swf/ssplayer2.swf?doc=profilecustomization-100729123454-phpapp02&stripped_title=vbulletin-forum-software-profile-customization" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="355"></embed></object><div style="padding:5px 0 12px">View more <a href="http://www.slideshare.net/">presentations</a> from <a href="http://www.slideshare.net/IBAdrianHarris">IBAdrianHarris</a>.</div></div>
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Let us know what you think

Adrian
I'm confident that the vB crew is catching up with the bugs as fast as they can.