What are the changes on the 2006 V?
Based on current information, the 2006 v will have the following different from the 2004/2005 CTS-V
Ls2 Engine
NO automatic transmission- it simply will not fit in the chassis
“Improved” rear suspension to “reduce” wheel hop (equivalent to 2004/2005 TSB fix)
Goodyear RS-All season Tires stock (F1 tires optional)
Different design strut tower brace
Sunroof is standard
Steering wheel radio controls (same location as 04/05 cruise control)
XM nav traffic standard
2 year nav DVD subscription
Taller Strut tower brace
Cosmetic differences:
-Wheel center caps: colored Caddy Crest on black lacquer background
-A small "GM" badge located on both fenders between the trailing edge of the wheel opening and the fender-to-door gap
Red color is now called InfraRed
2006 Pictures:

NOTE that the above is a picture of a LS6 engine with the decorative carbon Fiber cover, not a LS2 engine which is what the 2006 CTS-V has.

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