Starbound has finally hit 1.3 with numerous changes affect navigation, mechs and modular space stations. Check out the 1.3 promo video below.
This video showcases elements of latest changes to Starbound and answeres questions about 1.0.
As of December 19, 2014 the new Winter Update has been available on the unstable branch on Steam and is rumored to being fully realised with hopefully even less bugs some time this month. You can get more updates from the official Starbound blog. And I'll being updating this post as new updates come out.
Check out this level 10 Skyrail to the magma layer on player's planet.