I'm glad you like the new addition. I believe the especially for LOB scenarios this framework is a critical add-on.
There are slide and fadee transitions right now. We will be adding more as the framework evolve. The framework supporst custom transitions also, so you can write your own custom transition also. We will provide an example of that soon.
the Telerik team
Check out Telerik Trainer
, the state of the art learning tool for Telerik products.