Yes , I have 1.2. It's basically the original software , other than than the beta version it was released with. I've got another show coming up , and I think I'm going to abandon ship , despite the money I threw at this thing when it was released , compared to now. $ 1000 - less ?
... That alone tells me they've accepted that it's value has dropped. I tried to contact line6 , but their website makes you create a support ticket for a fix. This was the only place I saw to express my opinion.
Maybe after I throw this toy box on the stone wall , line6 will have an update for a few handy features , but then again , maybe not. Giving up , getting my hands on some FADERS !!!!