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Vray 1.5 SP4a
It includes the following modified features:
•    Added support for projection mapping when doing texture baking;
•    Added new option to link the V-Ray VFB to PDPlayer;
And several bug fixes:
•    Turning off “Affect specular” for a dome light made it invisible to  reflections as well;
•    Fixed a crash when importing a particular .vrmesh file;
•    Fixed crash with VRayFastSSS2 material with VRayDirt map and a  standard light with VRayShadowMap;
•    The “prepass samples” option in the motion blur rollout did not  work;
•    Fixed stuck buckets with VRayEnvironmentFog and mesh gizmos;
•    Fixed issues with VRayEnvironmentFog and mesh gizmos with  modifiers;
•    User could not remove gizmos/lights from VRayEnvironmentFog;
•    ParticleFlow instancing did not render all mapping channels of  original mesh;
•    Fixed crash with VFB region render when region is outside of image;
•    Turned off by default the option to save the DR servers to the  scene (caused slowdown on scene save if servers are offline);
•    Fixed some licensing issues.

3dsmax 2010-11 (64bit) (Included vray RT):
 Download Vray_RT_Sp1a_and_Vray_Sp4a_for_3dsmax__2010_64_bit_By_C... from FileFactory.com
Vray RT 1.5 Sp1a only for Max 2010 x64:
Download Proper_1.5_Sp1a.rar from FileFactory.com
Vray 1.5 Sp4a only for 3dsMax 2010 x64:
Download 2010_x64.rar from FileFactory.com

Vray 1.5 Sp4a for 3dsMax 2009 x86:
Download vr2009_x86cgp.rar from FileFactory.com
Vray 1.5 Sp4a for 3dsMax 2009 x64:
Download vr2009_x64cgp.rar from FileFactory.com