The new update is here – some great rumors floating around too about upcoming content. I am so excited. ^_^

http://playrust.com/devblog-68/

• Improved projectile tracing performance.
• Added a deferred decal system.
• Fixed disappearing vegetation on savegame load.
• Made tree colliders more accurate.
• Added some more information to the spawn handler section of the admin server report.
• Fixed construction and deployable placement in caves and on terrain blended rocks.
• Fixed a number of exploits that would allow players to get inside rocks.
• Building blocks no longer ignore collisions right after placement.
• Fixed research table and tool cupboard placement guides being off.
• Fixed light bleeding through terrain on the base of shadowed rocks in the distance.
• Fixed light going through furnace walls for a second when walking by.
• Fixed torch still getting lowered into the line of sight if lighting it while already running.
• Fixed incorrect time zone offset of the ingame world.
• Fixed barricade LOD changes being somewhat flaky.
• Fixed arid biome rock terrain texture being way too dark.
• Fixed various situations that could incorrectly trigger noclip kicks.
• TerrainPath now keeps a list of all spawned monuments.
• Added test cave to CraggyIsland.
• Stone spear ingredients instead of wood spear
• Lowered cost of icepick
• Added machete
• Added sword
• None club does more damage
• Bone knife cheaper (cloth)
• Fixed bug with wickspark showing up as a white cube at distance, increased HDR value
• Survey charges less likely to slide down hills
• Updated survey charge visuals
• Updated survey charge icon
• Can throw survey charge farther
• Landmine only activates after you walk off it
• Triggered landmine can be disabled & picked upby someone other than who triggered
• Landmines and snap traps appear in supply drops
• Landmine stack increased to 5