The Microsoft Operations Framework team posted yesterday to announce the release of version 4.0 of their product.

I imagine I'll have more to comment on this topic after I've had a chance to go through the release more extensively, but the MOF team is claiming this version places more emphasis on outcomes and has more practical guidance than the previous version, particularly regarding roles and adapting service management practices to common IT scenarios. The other major feature of this release is the introduction of an online community feature, embodied in a new set of forums on the Technet site. I'm not sure that really constitutes a "community" but some Microsoft forum efforts have delivered invaluable online support opportunities while others have fizzled in place, and it will probably take some time to tell which direction this one will take.

You can download the framework free of charge from the MOF site here.