The API has not changed much.. you can get lat/lon out of the API directly so it might be a little faster or more accurate than the hack everyone was using. The only other changes I believe were the ability to change to the Night map style and you can open/close the new GPS pane, but you don't have any programmtic control over it.
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I sent an email to MS for the price of MP06 active x control under the ISV program .. wondering if there is any difference between that and '04.
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Wait to hear from MS on the ISV-R price. Brace yourself, don't get your hopes up
Eric