There are so many cool features in Cubase 7, and it's impossible to go into detail about all of them.
There's full drag and drop support of channel settings, integrated control room features, improved down-mixing, customisable track and mixer icons, and A/B and global bypass for all the audio effects. Hewlett-Packard users will be pleased to know that Cubase 7 is fully optimised for use with their Z series workstations. The list goes on and on...
There are, at the time of this writing, some users complaining of crashes when starting up VST plug-ins. We had no such problems and, in fact, haven't experienced so much as a hiccup in the short time Cubase 7 has been available. That said, Steinberg has announced that an update is coming in just a few days and this promises to iron out some issues.
It's early days, but it looks like Cubase will continue to be a winning DAW. We imagine that some longtime users will be taken aback by some of the broader brushstrokes, but we’ve found them all to be useful, even inspiring. Steinberg has wisely chosen to concentrate on making Cubase better, rather than loading it up with flashy new plug-ins (we got those last time) and it pays off in a better user experience.