Long time user, but haven't posted before (wasn't sure there was much active development going on).
I'm using a 10.6.8 desktop to control a 10.7 laptop. I had some issues previously, and thought it was due to Lion and hoped that this update would help, but it seems like some behavior is worse.
Mainly, the problem is that every time I switch my mouse from my laptop to my desktop, then try to go *back* to my laptop, I get a beachball on the laptop, then teleport deactivates (sometimes on both machines). So, in essence, I have to activate teleport once per time I want to control my laptop, which isn't the greatest :) I've tried trashing prefs to no avail. I haven't tried rebooting (nor have I upgraded the laptop to 10.7.1 yet).
Also, did some preferences go away, or did I forget something about the UI? I can't find how to set up keys to control pasteboard and control switching (I used to have Option set to control the control move from one machine to the other, and Cmd for pasteboard).
That said, it's awesome that you're keeping this up to date, thanks!