Welcome to beta testing of the FastReportT 3! 
Rewritten class architecture. 
Storing reports in XML format. 
Full WYSIWYG (now for text objects too). 
Text rotation 0..360 degrees. 
Memo object supports simple html-tags (font color, b, i, u, sub, sup). 
Styles. 
Text flow. 
URLs, Anchors 
Dot matrix reports. 
One script in the report (like an unit in the Delphi). 
Multi-language architecture allows you to use many languages (Pascal, C++, Basic, Java). 
Access to any object inside your application (in case you've allowed this). Standard libraries to access to base classes, controls and forms. Easily expandable library architecture. 
Debugger 
Improved Object Inspector. 
Zooming. 
Rulers, guides. 
Wizard for base type reports. 
Full Undo/Redo.