The developer is definitely on the right track here.. however, a -warning- for those disabling Spotlight with 1.01.
The author added the feature that deletes the /etc/hostconfig file.. if you use this, you -might- have this file deleted from your system without a new one placed in! when you reboot, you may not have any way to mount your hard drive!!
This happened to me, and I had to create my /etc/hostconfig from scratch. I've emailed the author about this.
I recommend you backup your hostconfig file before using 1.01, and be prepared to copy it back in single user mode (this will restore boot function if this happens to you.).
Before everyone overreacts, bear in mind that some of the other utils (like Applejack) had growing pains too. I hope InvaderBlue can debug this..