TeamWin has released a themeable graphic version of their recovery project that works with our rooted HTC EVO 4G and 3D's touchscreen and capacitive buttons, no longer requiring everything to be selected using the volume and power buttons.
While that's a marked improvement over standard recoveries, it also allows richer file browsing with the ability to sort by name, date, or size, as well as drag to scroll through pages of files, which makes it quite a bit easier if you have large numbers of directories and files on your SD card.
TWRP 2.0 also can compress backups on the fly, saving space and potentially time. Less to write can mean less time used, but can also mean more time wasted compressing what you're going to write. It all depends on what's being compressed and how quickly it's able to compress it.
TWRP 2.0 also adds the ability to theme using XML, so expect to see plenty of themed TWRP 2.0 enhanced ROMs or flashable mods soon.
I have 2.0 installed on my EVO 3D and EVO 4G. It's got minor issues on both, and I stress minor. On the 3D it reports my battery as 10% constantly (see picture), while on the 4G a battery pull was required after flashing to get it to boot into recovery. It's worked flawlessly since the initial flash, though.
The official bug list currently has two items: 1) flash a corrupt zip and it will hang and 2) if you install something that's significantly larger than the free space available, it will crash. Not too hard to live with for the first release of their graphical recovery.
TWRP 2.0 takes about 90 seconds to boot on my EVO 4G, which I'm guessing is it loading touchscreen drivers, parsing XML for the theme, etc. It's almost instantaneous on the EVO 3D. On both once it's booted, it runs very very nicely. I hope and expect future versions of the 4G build of TWRP to get closer to the boot speeds the 3D version has.
Although I do not have timings written down, it felt like it was a lot faster on the 3D at making a Nandroid backup than it previously was. Users in the development threads have also reported significant backup time improvements over 1.1.1, so it's not just me.
It's a great new way to do recovery. I think TeamWin has really set the bar high on this one for anyone hoping to follow in their footsteps.