Now I'm not what I would call a Kernel Newbie. I've been compiling and installing custom Linux Kernels for about eight years now. What I am not (and don't intend to ever be) is a Linux Kernel developer. As such, I have difficulty when it comes to reading the changelogs for the latest Kernel revisions. Sure, I understand most of the terminology and I can get a good handle on what areas have changed, but it's difficult for anyone who isn't actually contributing to the development process to translate the changes into an overview of new and exciting features.
Amazingly enough, there is a site out there that does just they. kernelnewbies.org provides, among other things, a synopsis of the current Kernel's changelog rewritten in understandable terms. How cool is that?