Updates to Team Fortress 2 have been released. The updates will be applied automatically when your Steam client is restarted. The major changes include:

Team Fortress 2
Added the Red Faction promo item
The Maul
Added upcoming promo items for Magic: The Gathering
Added additional community submitted response rules
Doubled the item drop rate for the next week
Updated the Conjurer's Cowl to be paintable
Updated the webapi output to include the names of the drop_type and holiday_restriction fields
Updated the localization files
Get the full article at store.steampowered.com