CM1 version 1.2 is now released and available from the ftp location you used to do your original download and installation.
If you’re running Version 1.1, simply install Version 1.2 and select “upgrade” during install.
For details on what is new in version 1.2 check the Help Wiki:
http://help.percussion.com/cm1/What+is+New
Soon, I’ll be posting what’s coming in 1.3 as well, that’s got some of the specific features customers asked for during August.