New Update, 1.2.3
http://www.terrariaonline.com/threads/terraria-1-2-3.132539/here are some interesting stuff:
New Npc:Added Stylist NPC (Congratulations Ripsand!) - Sells rare hair dye, changes hair style and color. (spawns in spider caves). She will also sell new hair styles! (Thanks Omnir)
Added 20 new friendly critters.
Added Traveling Merchant. He will randomly show up once you have at least 2 NPCS and stay for one day. His inventory will always be random and present things he has found during his time spent traveling. He has over 30 different things he can sell.
New Items:Added several new paint colors: Brown, Shadow, and Negative paint.
Added Team Dye: Changes colors depending on team.
Added Beetle Armor. There are two difference chest pieces, one for melee offense another for melee defense.
Added Beetle Husks to craft Beetle Armor - drops from Golem.
Added Beetle Wings.
Added Shroomite Digging Claw.
Added Gemspark Blocks.
Added Gemspark Block waterfalls.
Added Womannequin.
Added several new wallpapers to the Painter.
You can now craft an animated steampunk tileset out of Cogs.
Added several new weapons racks that can be made at a Sawmill.
All bosses now have a chance to drop a Boss Mask.
Added Waterfall and Lavafall Walls. These are craftable by having a Crystal Ball and glass near a water or lava source.
The Merchant now sells a Bug Net.
You can now catch and release several critters using the Bug Net.
You can now place critters in cages.
Added Crimson seeds.
Added 8 new crafting stations.
Over 100 new furnitures were added to existing tilesets.
Added Heavy Workbench.
Added Copper Plating, Stone Slabs, and Sandstone Slabs. These are crafted at the Heavy Workbench.
Added Venom Staff.
Added Super Mana Potions.
the rest of the update log would make this post like 10 ft long so go read it here:
http://www.terrariaonline.com/threads/terraria-1-2-3.132539/