Mandriva has released its latest desktop edition which comes in 4 edition: One, Free, PowerPack and Mandriva Flash.
Mandriva One comes in CD and suitable for those who want to start using Mandriva Linux in no time. You can boot in to live CD and start working. It has the option to install to hard disk. This edition comes with proprietary softwares.
Mandriva Free is the free edition. It doesn't contain proprietary softwares. You can add those later though if you add the relevant repositories.
Mandriva Powerpack is a commercial pack containing proprietary packages such as flash plugin, nvidia, nvidia, ati, mp3 codec etc.
Mandriva Flash is a USB disk version of Mandriva. It now uses 8GB USB drive instead of 4GB in previous version. You have to order it from Mandriva Store.
More info on this release
I have been using Mandriva Linux for almost 7 years now and in my opinion it is one of the best distributions out there.