Version 1.4 of Ultra Recall was released just over a month ago and we are still working through the reported bugs and minor tweaks to ensure the newly added features and enhancements are completely solid. We anticipate a 1.4c release in the near future which should wrap up most of this process.
We do not yet have a target date or feature list for the next release.
To address your other questions/statements:
1) The text size in the browser should honor the IE zoom settings (perhaps requiring a restart) and also supports Ctrl+mouse wheel zooming for pages that support it
2) Copy/cut/paste is currently available on the right-click (context) menus
3) We agree with your overall assessment of Ultra Recall
