A new V-Ray for 3ds Max service pack is now available for immediate download at the Chaos Group Downloads page. This is a free update for all V-Ray 2.0 customers.
Important highlights include:
• Support for 3ds Max 2014
• Support for MultiScatter instancing in V-Ray RT: The new service pack further improves the integration between V-Ray and MultiScatter allowing the user to effectively render millions of polygons of instanced geometry with V-Ray RT
• Changed default settings of VFB's sRGB button, "Don't affect colors" option and "Gamma" value:V-Ray’s default settings have been modified to allow the use of Linear Workflow from the very beginning
See the full list of optimizations and fixes in V-Ray 2.40.04 for 3ds Max.