For the first time WRDS offered a session at SLA for college and university librarians and they showed off their new Website and its new interface. Go to http://wrds-web.wharton.upenn.edu and have a look. You will like it.
The best new feature is the Tools tab where you can do a search for any variable across all WRDS databases and find not only which databases to use but also which files to use.
There is also a suite of E-Learning videos that cover each database, downloading and other technical applications, and how to use stat packages like SAS with WRDS files.
WRDS also offers sample programs and research applications where they show how to perform frequently used operations like building portfolios and how to replicate “classic” studies.
WRDS is also planning to add a Librarian category in the WRDS Forums. I use the forums a lot so this should be useful.
WRDS also announced that they hope to offer monthly updates for Compustat soon.