If you have an eNom login you can use it on the new site.
In terms of functionality the site seems to offer pretty much the same set of features that were available via eNom, however it is one ugly website!
The search function is currently not working for me, so it’s not much use, though I’d suspect that they’ll get that fixed pretty quickly
For people who haven’t much experience with how drop catching and the aftermarket works they’ve provided a simple overview of the system which is worth looking at.
More coverage of the new service on the DomainTools blog and DomainNameNews