Oh wow, I definitely missed this release.
I installed it and had a very quick poke around. The interface is very fresh compared to the old WinCUPL, but functionality seems quite limited (e.g. there's no waveform editor for the simulator, if that works at all as suggested by Tadeusz), not too much more than a text editor.
I hope they will continue to develop it and add new features. But it has been about 6 months now with no further releases seemingly, so who knows, maybe this will be it (or it'll just be a slow release schedule).