So, I turned on the computer a little while ago and I saw an update notice from Creative Cloud. It would appear the new version of Lightroom is here. I've just finished installing it on my Windows 8.1 desktop as well as my MacBook Air and I have to say that I'm pretty happy.
It installed quickly and seems to be rather snappy. Performance was one of the areas they were supposed to be focusing on for this release and I can see it. I'll be playing more with the new release over the next week or so.
I did find one small issue though on my Windows machine. Whenever I went into the Develop module, Lightroom would lock up and Windows would report it as Not Responding. Having a similar issue in previous releases, I deleted my Lightroom Catalog Previews.lrdata file. Once I did that, everything ran fine. There's always going to be one thing that gets you when updating software. Hopefully this is it.