It is more strict on some things, but it has a much enhanced project and build system taken from Sharp Develop that is based on Visual Studio.
In the OBJ folder you will find a new file Project.FileList.XML that lists every file feeding your build and files being created. It is handy. This somewhat replaces the .LNK file, which is still made but deleted as a temp file.
One change that may cause you problems is the LIB file used to link DLLs is placed in the OBJ Debug or Release folder. That would allow a Debug build to export different functions. Most people prefer to modify the RED file to place that in the same folder as the DLL. This is a favorite change of Bruce. I think this is the link to that thread.