Major, I updated to 7.01.00.14 several months ago. I was working on a music tour that departed Nashville every week, so I knew if I had problems, I could just drop it off in Franklin for a few days. The update solved the dead remote issue. The dropped audio issue still occurred when I switched to or from and HDMI source. I changed my audio connections to optical, which solved the problem. Of course this will prevent decoding Dolby TrueHD, but I can always reconfigure to decode that. Otherwise, I've had very few problems with it
One of the great things about the UMC-1, besides great sound quality, is the ability to configure the inputs.
BTW, I can't add a signature yet, but I'm running the UMC-1 with an Emo XPA-5 amp, Emo Ultra-12 sub, and Kef 104.2 speakers. LOVE the XPA-5! I use an old Denon DVD-2200 for SACD and DVD Audio. Waiting on a pair of LSA-1 Statements that should arrive this week.