First 4.3.0.4 is now current MacUpdate says .02. Second, Macroplant advised me today that it is not totally compatible with iOS5, that they are working on it and to expect new releases shortly. Until then, I would advise NOT to purchase until reviewers report all is working with iOS5. As of this version, I can report that data such as Address Book, Calendar, Call History, Notes, Safari, SMS, Voice Mail (under iTunes Archives) are not read by Phone to Mac (even though they are in plain site in Library>Application Support>MobileSync>Backup. Also, Phone to Mac currently displays the backup create dates, not the modified date (as expected). So it is reading the folders in their proper place. It is NOT reading the contents. Macroplant has a 30 day refund policy, so if buying you risk not getting a fix before refund time runs out. Suggest you wait. Furthermore, I bought with the MacUpdate promo. By their terms NO REFUND IS POSSIBLE. If you buy the promo, you are taking a risk what the necessary fixes will not arrive. One commendation to Macroplant's Josh and Eli. They came on the phone without delay, were pleasant and as helpful as possible. This indicates that Phone to Mac has good support. Give them five starts for that at least.