Hi Elena,
I've been using the application for more than two years in my iPhone 3gs and I believe that it's one of the best compared to the ones in the store. However, I was disappointed when I upgraded to iOS5 because I couldn't start the application. Then from the forums, I learnt that I've to purchase the new version. I purchased the new one (version 6.0), from backup I transferred my data to this new application. It was working well until I installed the latest update.
From your post, I understood that a new update will be available soon. My question is, normally how long does it take the procedure in Apple (approval and making the update available in the application store)? Secondly, after installing the new update, will my data be still available?