This document provides an overview of some of the key changes and new features being introduced in CakePHP 2.0. Some of the major changes discussed include: refactoring the core codebase and removing unused code; upgrading to PHPUnit for unit testing; standardizing how objects inherit via new Component architecture; leveraging more of the Standard PHP Library; exceptions being used to indicate errors; centralizing request and response handling; and dropping support for PHP 4. New features highlighted include PDO database support, simplified URL rewriting, support for nested named parameters, and a refactored authentication system. The document also discusses some of the challenges faced, including retaining backwards compatibility while continuing to improve and modernize the framework.