Installed it yesterday on Windows 7 Professional;
the threaded view in Outlook is working; but it needs Exchange 2010 for any of the more fancier features, we're still using Exchange 2007

(just finished migration)
the other apps haven't changed much, but Outlook 2010 is finally a good step forward
between 2003 -> 2007 it hardly changed
this is more like the change when you went from Outlook 2000 to Outlook 2003

contemplating to use it at home (Outlook 2010)