This week we are introducing the crafting table. Players can now craft only basic items in the character crafting screen. Weapons, such as a sword or crossbow, must be crafted on the crafting table. The crafting table works the same as the character crafting screen, so when a player wants to craft a sword, they need to be present in the crafting screen to make the craft progress.
https://www.youtube.com/watch?v=8IT-ybhM0xA
Full list of new features and fixes: http://forum.keenswh.com/threads/7377041