It's taken longer than we wanted, but the newest build of M7Control--V1.1.0--is here. There are lots of bug fixes as well as some new presets created by film post legend Scott Millan. This update is free for all users and can be downloaded here. Take a look at the release notes for more information.
Very Important Note
The data format for saving sessions and presets has been changed to be faster and more robust. You'll always be able to load sessions and presets created with earlier versions of M7Control. But sessions stored with V1.1.0 and later will not open correctly with earlier versions (1.0.6 and before). So if you're in the middle of a project, you might wait to update until you're done.