A couple that really got my attention. I quote from Bioware:
You can no longer be quite so sure that areas you once thought were safe to travel in, or chests that were safe to open, remain that way when you later return, or when you play though the module a second time. And just because you bring your epic rogue through next time does not mean the traps will be any easier to deal with as they may have grown in power with your character.
This definitely has possibilities. No more waiting for module to reload to reset the chests. (though I pitty the poor low level thief who comes in after a high level char spawns the trap)
You might suddenly find your-self sprouting wings, growing a tail, losing an arm, gaining new tattoos, or your portrait mysteriously changing. (These effects could be intentional, as well, as you attempt to disguise yourself.)
That "Hooded Stranger" you encountered can be more affectionately referred to as "Blisstex Furry Knuckles" after you uncover his true identity.
Oh the endless, endless, possibilities. Dynamic characteristic and name changing! Oh, how those evil folk have longed for this day!

The blacksmith that does some crafting work on your weapon can now also personalize it just for you. Instead of looking at that drab +1 dagger in your inventory, which lacks any type of sentimental value, it can now become "Priestly's +1 Butter Knife of Doom Spreading." A truly unique and highly prized item that no true sandwich eating adventurer could do without.
I think Silver already mentioned this one, but the idea of having swords marked with a 'Ironhand Armory' tag makes my little PC heart go all aflutter.
You could encounter a house in a module with a sign outside listing it "For Sale." After purchasing the house with your hard-won loot, the sign outside your new home can now update immediately to read "Bob's House: Trespassers will be slain" while at the same time you acquire the key, aptly named "Key to Bob's house." Previously, these types of changes weren't possible unless the module builder shut down the module and added the new resources to the module. Now you can do all this while the module is still running.
Joy! Rapture! Nuff said.
Now, who knows if or when any of this will filter down into Hala, but just knowing the possibilities are there is pretty exciting. Silver, you poor, overworked scripting fool... what have you let yourself in for.
