Since you have obviously used the new version, can you comment on how compatible it is with projects created in v.11? Do we have to recreate the entire project, or will it import them as-is?
I was able to use it at the same time I had IDEA 11 up with both using the same project. It was interesting. Every time I'd switch to the other IDE window, each one detected some changes to the project structure and wanted to reload it.
Otherwise, it was very transparent. No pain at all.