This release adds "binding operators," which make functors, applicatives, and monads more convenient to use. The "binding operators" are like OCaml's version of Haskell's do-notation, but IMO even better. In Haskell's do-notation, each binding in the form of `pat <- expr; next` desugars to monadic bind, with an extension to use applicatives instead where possible, but with OCaml's binding operators, there are three separate operators for functors, applicatives, and monads.
The 4.08.0 release also adds the Fun, Option, and Result modules to the standard library.