Google is rolling out a big update to the Google Earth app, and as usual it's a staged deployment. Never fear, we are here with an APK download. In this new version (8.0) you'll find better 3D images, cleaner maps, KML import, and more.
Google hasn't updated the changelog on the Play Store yet, but there's a whole blog post about Google Earth v8.0. The gist of it is that 3D images will look much better now with the new rendering engine.