According to a Microsoft email, Office 365 will introduce new features within the end of this month (October 22nd)
As part of these new features:
- BCS – WCF Connectors (for Enterprise Plans only): enables external system connection through web services endpoints
- External Sharing with Windows Live ID
- Official Windows Phone 7 Mango support: enables SharePoint access for all plan; currently only Enterprise plans can access SharePoint using Office hub. HTTP access for P plans is arriving
- Recycle bin – deleted site self recovery: enables deleted site recovery from the recycle bin (introduced with SharePoint 2010 SP1)
- Browser support – IE 9 and Chrome