It introduced advanced materials, including glass with customizable refraction (IOR) and "medium color" for colored liquids, allowing artists to create incredibly detailed, high-end packaging.
The update introduced superior OpenGL previews, meaning what you saw while working was much closer to the final rendered image. Boxshot Ultimate 5.0.8
Here is a helpful story of how this specific version and its subsequent updates changed the game for 3D visualization: The "Before & After" Story of Boxshot 5 It introduced advanced materials