Run Waves Central to update

Addendum: From Moderator. (Mudgel)
Hold off updating till reported bugs with this release have been fixed

Thanks. Updating now.

I'm showing v9.2.0 as the latest.  Correct?

You have to look at the point revisions to know the current version
of the plugins...

When I did this update it also updates Scheps Parallel Particles if you have that.

I did the update, but now I cannot get the Scheps Omni Channel to do anything.  It inserts and I can adjust it and change presets, etc, but it has no effect on anything, even with the modules activated.  The input and output sliders have no effect either.  It's like stuck in passthrough mode or something...

I have not checked but will do a quick check for you and report back.
Update
Yes you are correct. It is completely dead! My VU meters are not even moving now! 
Don't worry I am sure Waves will know soon enough and will issue another Omni Channel Update for sure.
I have contacted them and let them know to be sure.

Jeff, thanks for the feedback, and reporting it!  I did a quick Google search earlier, but came up empty, so I wanted to make sure I wasn't just overlooking something.
 
Have reported it as well.

For me, no matter where I click in the UI, it just grabs the PRE module. VERY broken.

TheMaartian
For me, no matter where I click in the UI, it just grabs the PRE module. VERY broken.

I was having that issue with the VST2 version before the update.  The VST3 worked just fine in that regard, though.