Just did a really quick video to show the new Materials. I didn't delve into the menus but I might give that a shot tomorrow - spent enough time wrestling with bit rates tonight! 
Second Life Materials test
Second Life Materials test
In other news, I am such a noob at screencasting. Also, view in HQ!
Wooooooooooow.
Very cool!
Sweet!!
wowwwwwwwww thanks for this, amazing, can't wait
Great vid. I already showed it to Inara_Pey. 
April
says
Cool