Version 3.0.2 is now live in the App Store with the previously announced fixes. The wait time for that was 11 calendar days, it is taking quite a while for Apple to approve apps lately no doubt due to the iOS 8 surge.
The following is the current change log for the next release, 3.0.3:
<ul><li>Optimizations to panning/swiping between Activities/Virtual Remote/Guide so that it is now perfectly smooth.</li>
<li>Fixed incorrect command for Apple TV IP assigned to STOP button by default.</li>
<li>Fixed over-aggressive discovery of LG products.</li>
<li>Power Off button now has a reddish hue.</li>
<li>Improvements to sizing of panels on different screen sizes in particular iPhone 6/Plus.</li>
<li>Several fixes to Proximity Automation. Many Proximity features such as Room Detection and Proximity Actions should now work much better when the app is in the background.</li>
<li>Nest thermostat celsius-specific visual improvements.</li>
<li>Fixed Room navigation bar to show custom room images properly.</li>
<li>Fixed appearance of list buttons on the Virtual Remote on iPhone 6/Plus.</li>
<li>Fix for timing issue with multiple commands after a Delay All Devices command.</li>
<li>Plex Media Server is now independently auto-discovered to enable using it on a separate box from Plex Home Theater for the Plex Media Guide.</li>
<li>Fixed inconsistent behavior in Airplay button.</li>
<li>Fixed crash if Override Volume was active and volume buttons had been moved to a DPad/PlayPad.</li>
</ul>
Thank you.