I have patched the known issues found in 3.01 so far (as detailed in the earlier posts in this blog). These have been submitted to Apple as the 3.02 release.
Most notably I've found the cause of the app crashes and fixed them. I've also corrected the Panasonic and Trendnet profile issues.
Keep the feedback coming! So far the results are mixed concerning the permanent toolbar on the right side of the video window. Trust me, the video didn't shrink at all, it's still the same size. I moved it left and reclaimed the unused space for the toolbar icons. Many people like to have the controls available at all times while others want fullscreen video with nothing to distract from it.
It's a matter of personal preference I guess :)