The update adds new options to search for users or hashtags, which should make it easier to find people you want if you don't have their contact info already. The update also adds support for sharing to Facebook, which was a much needed addition. Aside from that there were a number of bug fixes, performance updates, and improvements to capture speed, quality, and audio/video synchronization.
Instagram has come out and potentially leapfrogged Vine with features like Cinema video stabilization, and options to choose a cover frame, maybe Vine has a bit more work to do.The one big feature that is still missing is the option to capture video from your device's front camera, and that's really the only feature missing between the Android version and iOS. Of course, now that
If you want to give Vine a try, just grab it for free from the Google Play Store.