Hi all, just a heads up, BF published Blender 2.74 RC1 last week but nobody announced it. Now RC2 is on the way, Linux and OSX are available and Windows follow soon.
http://download.blender.org/release/Blender2.74/
Test, test, test and report Bug´s, if you can find one.
Cheers, mib
Richard Marklew had announced the RC1 in Blender 2.7x development thread
Still I can not get someone to do this simple test and confirm whether others notice the same problem: http://www.blenderartists.org/forum/showthread.php?365655-Slow-Cloth-Simulation-in-2-74