Windows Server 8 Hyper-V v3.0 introduces significant enhancements in memory, storage, and network capabilities, including support for up to 16TB VHDX files and improved memory error management. Key features include memory dynamic configuration, live storage migration without downtime, and advanced networking options such as SR-IOV and NIC teaming. The update also includes improved scalability, allowing for more logical processors and memory per virtual machine, alongside features like Hyper-V Replica for enhanced disaster recovery.