New bios is installed on my Asus Z7S.
No new options in the bios at first sight.

First impressions :

CpuZ opens up normal (took 4-5 min with the 0201 bios)
Small performance increase : judging by some quick Superpi runs.
Looks fine to me as far as i can tell.

E5420 2.5Ghz overclocked 430 x 7 = 3010Mhz
With the old bios (0201):

superpi 1M 16.344
superpi 2M 42.235
superpi 16M 8m57.641

E5420 2.5Ghz overclocked 430 x 7 =3010Mhz
New bios (0302)

superpi 1M 16.156
superpi 2M 41.781
superpi 16M 8m54.969