The OS introduces several underlying architecture changes, for instance removing PowerPC support, while updating all major applications to 64-bit code. Grand Central Dispatch is said to enable better use of multi-core processors, while OpenCL support allows video cards to speed up tasks outside of graphics. Protocol support also been expanded to encompass Microsoft Exchange, allowing access to the contact and calendar info through Mail, iCal and Address Book.
Snow Leopard further bundles Safari 4, and QuickTime X, which sports a minimalist interface along with improved video and decoding playback through support for GPU acceleration. The latter app can also handle HTTP video streaming, as in Safari. Some general changes in the Mac OS include faster wake and shutdown times, and tweaks to Expose and stacks, which change their operation and improve flexibility.
The software requires an Intel Mac with 1GB of RAM, 5GB of hard drive space and a DVD drive.
Source: www.macnn.com