The 1.5 release of the Mobile SDK is now on GitHub.
Latest enhancements include:
Updated iOS and Android SDKs to Cordova 2.3
Make sure to change all the older cordova-xx.js references to cordova-2.3.0.js in your projects
Snapshots of the app screen sent to the background can be substituted to a white screen to prevent capture of sensitive information
iOS SQLCipher Versioning
Enhanced passcode security and configuration are now available options for the secure offline database
Both the iOS and Android SDK now support localized strings in an external resource
Please take a look at UPGRADE.md in the root directory of each SDK for detailed upgrade instructions.