This version add the following fixes and features:

Fixed incredibly rare crash which may occur when first opening the plug-in on certain 32-bit VST Windows hosts.
Massively improved speed and responsiveness of all UI controls.
Improved CPU usage when tweaking parameters from a hardware controller.
Standalone versions now support multiple simultaneous hardware controllers.
For the Windows VST plug-in, when using a relative path for the presets folder, the path is now relative to the DLL, not the host.
MIDI Program Changes are now multi-threaded, and so will no longer potentially stall the audio synthesis.
Preset searches are now multi-threaded. Preset browser can now immediately respond to user interaction, even whilst searching a massive preset library, or when browsing a folder containing a large number of presets.

- Native 64-bit VST plug-in for Mac OS X (64-bit VST support requires Mac OS X 10.6 or greater; 64-bit Audio Unit requires Mac OS X 10.5 or greater; all other formats require Mac OS X 10.4 or greater.)
- Integrated undo and redo, with unlimited history size.
- Preset Browser is now maximized to fill the entire plug-in window.
- Windows RTAS plug-in is now installed to the correct location on 64-bit Windows operating systems.
- MIDI Program Changes are now multi-threaded, and so will no longer potentially stall the audio synthesis.
- Fix for crash (on both Windows and Linux) that could occur when 'space' is pressed when confirming the overwrite preset dialog.
- Fixed interface lock that could occur on Cubase for Mac OS X.
- Preset meta data (ie, author name, notes, tags) is now correctly displayed after loading an .FXP based preset or restoring a saved project.
- VU meters now automatically reset their overload status after a few seconds.
- For Windows VST (32-bit and 64-bit), the preferences file can be placed alongside the DLL file to facilitate USB or portable installs.
- Windows RTAS plug-in is now installed to the correct location on 64-bit Windows operating systems.
- Clearer font in PDF documentation.
- Fix for rare issue that stopped presets from loading in Linux Renoise when LADSPA plug-in support is enabled.
- Fix for rare issue that stopped presets from loading in Linux Renoise when LADSPA plug-in support is enabled.
- Factory presets now load significantly faster.

* Native Linux 64-bit standalone application and VST plug-in.
* Fixed audible click and DC offset which could occur (albeit very rarely) when changing between certain presets.
* Fixed issue that could cause some presets to be instantly marked as changed after opening them in Pro Tools on Mac OS X.
* Presets can now be quickly grouped using categories.
* Windows installer now uses the correct admin privileges. This fixes an issue where Vista or Windows 7 could complain that Shift may not have installed correctly.
* Windows VST 32-bit plug-in and standalone applications no longer depend on additional runtime libraries. However, these libraries are still required - and installed - for the RTAS format plugins.
* Filter types are now labelled Off, LP, BP, and HP.
* Minor visual improvement to interface button controls.
* All presets from Shift v1 are now included (and in many cases improved) in factory preset library.
* Preset loading speed is improved when using MIDI Change Program messages.
* PDF manual is now printer-friendly.
* PDF Manual now contains description of Echo Shift function.

* Fix for Dry Voice Volume and Synced Delay Time UI controls not responding correctly in Digital Performer.

* Completely new user interface.
* Negligible latency: Shift now works with as little as sub millisecond delays, and so can be used as a real-time shifter or harmonizer.
* XY Pad control for real-time tweaking.
* Improved pitch shifting algorithm; grain engine parameters are now accessible for finer tuning.
* Vastly improved diatonic tracking; real-time pitch display helps fine tune tracking parameters.
* Five delay line voices (as opposed to three in the original Shift).
* Improved modulation options: four individual LFOs, with five modulation shapes (sin, saw, triangle, square, and random). Each voice has seven modulatable parameters: time, feedback, tuning, filter cutoff, filter resonance, pan position, and volume.
* Additional diatonic tracking scales.
* New preset browser, including tags, searching, hot-swapping, etc.
* Partial preset support for voices, grain settings, and diatonic tracker configurations.