The WMF 3.0 CTP1 for Windows 7 SP1 and Windows Server 2008 R2 SP1 (download) is out (was published yesterday) and brings updated management functionality. It contains Windows PowerShell 3.0 and new versions of WMI and WinRM. Please note that a CTP isn’t a final release but a preview release. It is designed to enable the community to experience and review the preliminary designs and direction of key features and to solicit feedback before features are finalized.
Some of the new features in Windows PowerShell 3.0 enable Service Providers to automatically build, maintain, and administer IT Infrastructures. With WMF 3.0 including PowerShell 3.0, WMI, and WinRM, Microsoft addresses the increasing need for automation driven by the era of Cloud Computing.