Ubuntu 12.04 precise pangolin is expected to be releasing tomorrow, sources confirmed that 12.04 LTS is coming with loads of new features along with a fresh Kernel.
The Head Up Display or HUD is the prime change in Upcoming 12.04 LTS
HUD is a new way to quickly search and access any desktop application’s and 
indicator’s menu,” HUD can be accessed by pressing the Alt key and 
typing in a description of what you want to do. The software will then 
return a set of corresponding entries, including some fuzzy matching, 
the project team says. Over time, it also learns from your previous 
choices to make the search more and more accurate.
Power Savings 
Definitely power saving is the important change after HUD. 12.04 enabled with RC6--the technology that allows GPUs to go into a very low power 
consumption state when the GPU is idle--is now enabled by default for Sandy Bridge systems. The result can be improvements of between 40 and 60 percent in power usage under idle loads.
Clickpad or Trackpad support
Ubuntu 12.04 now includes support for ClickPads, On which 
the physical button is integrated into the trackpad surface. Coming in Ubuntu's next release will be support for Apple Magic 
Trackpads and more devices, the Ubuntu team says.
Improved language support
When users install new software through the Ubuntu Software Center,
 the corresponding language support packages--including translations and
 spell check modules--are now installed automatically as well. reduces user effort to install them manually after software installation.
New Kernel
Stable release of Precise Pangolin,  includes the 3.2.0-17.27 Ubuntu kernel, which is based on version 3.2.6 of the upstream stable Linux kernel.
Updated Unity  
In this new release, the "Appearance" panel in the software's system 
settings lets you more easily configure some properties of Unity. For 
bookmark users, the Unity launcher now also includes Nautilus quicklist 
support.
Along with the above changes Ubuntu 12.04 coming with New version of Libre office and as usual, Rhythmbox as Default music Player