Of the many new features announced with Element 3D V2 (so far), there is one I am particularly excited about and that is the new specular highlight model.
The new spec model takes advantage of the new physical shader system and features a natural light falloff helps create more realistic shaders! You can even get the specular to be much smaller and sharp or large and diffused. May seem like a small thing but it makes a big difference!
Source: Video Copilot