Some notable changes in 5.0.0 (spoilers abound):
If a bag of holding explodes (e.g. due to putting a wand of cancellation in it), most of its items are scattered rather than lost
Amnesia no longer causes you to forget maps
Unicorn horns no longer restore lost attributes
Valkyrie ascensions (considered the easiest) are harder: chance to receive Excalibur when dipping a longsword in a fountain is decreased if not a knight, valkyries no longer start with a longsword, valkyrie doesn't gain Stealth until level 3
You can't displace pets into polymorph traps easily to get a super pet
You can apply $ to flip a coin
Damn they really nerfed valkyrie. I loved that class.