Some features in the second alpha version people might be interested in.
-Built in Intervalometer
and all the other goodies from Alpha 1. The bit-rate manipulation is the most exciting for me. It will be interesting to see how this works and how much different the image is with a higher bitrate. With all workarounds you have to do with a DSLR the compressed image is the toughest to deal with If I am very thankful for these guys. They do great work.