In this paper the specific properties of free clusters and the formation of new cluster-assembled materials using the low energy cluster beam deposition (LECBD) technique are discussed. Recent results obtained for free clusters are summarized with special attention to new observed structures. As for the specific structures and properties of cluster-assembled materials, two main aspects are specially emphasized: the memory effect of the free cluster properties leading to the formation of new phases and the effect of the specific nanostructure of the cluster-assembled materials related to the random cluster stacking mechanism characteristic of the LECBD. These effects and the corresponding potential applications are illustrated using some selected examples: new diamond-like carbon films produced by fullerene depositions (memory effect) and grain effect on the magnetic properties of cluster-assembled transition metal films.