abacab's avatar now looks very appropriate with this issue!
Just out of interest this update also updated Scheps Parallel Particles for me at the same time but that is all working fine so it must be an Omni Channel thing.
I am guessing the whole update is wrong and they will realise it and re release I bet. The timing is bad for me too. I have just record 10 college bands and am about to mix it all and was really looking forward to using this.
I get the audio passing all the time, bypass or not, actually like the original
abacab symptoms. It just does nothing in my case no matter what you do. The VU's are not even responding.