Here is a promo and an overview video for Asperity, a new RayFire feature that adds more detail to geometry.
Bipedal Free Rig
Ahmed Shalaby has released a free rig for 3ds Max, that offers a lot of flexibility and unusual features.
Snow Projection in 3ds Max
Clovis Gay demonstrates snow projection with projection direction in this new video.
3ds Max 2012 - Service Pack 1 Buglist
Ken Pimentel has posted a massive list of bugs that the upcoming Service Pack will fix for 3ds Max 2012.