No, this is not the massive feature improved WP Lynx 0.5.0, it is a feature adding release that improves upon the previous version. New to this version is styling within the Visual editor in WordPress. This uses the default WP Lynx style and looks much better than the pile of text and images that would show up in the editor in the past. Additional features include the ability to undo setting imports, setting resets and setting changes (inherited from Breadcrumb NavXT).
Expect the next release of WP Lynx, version 0.5.0, to become available early December. This version will feature some substantial changes and feature additions as development progresses towards version 1.0.
-John Havlik
[end of transmission, stay tuned]