Firmware 4.12.9 is working well here. Regarding the color wheel, I've been using it for extensively (many, many, many times each day)... the new firmware effectively steals the center button to display the remote's identifying color, but it's a reasonable tradeoff. The brightness settings work . I've only encountered one "reset" event (while messing with the color button).
I'm wondering @jasonand @Nathan about a couple of things:
1) I've seen long-presses referred to in other posts, and in the advanced settings for Flirc USB. Are they something that can or will possibly be applied to Skip 1s buttons other than the center button (which I've somehow accomplished with Plex HTPC key mappings)?
2) Currently, the color button appears to mask out all the buttons except the color wheel (i.e., they are the only ones functioning while the colors are lit). Will it be possible to open up other buttons in the future, effectively turning the color button into a shift key?
I've been messing with remotes for more than a decade. I've got a drawer full of WMC, Apple & 3rd-party BS. Ended up with Harmonies (3) ... but until Flirc USB came along, it was all the equivalent of banging my head against a wall. Ordered the first Skip last summer ... can't wait for the next two to arrive. :)