It's been five months since the last release, and in that time a lot of progress has been made. Many bugs/limitations were found and fixed, gaps in the functionality were filled, and a whole lot of debugging and testing was performed. And you all made this possible!
For a complete list of changes, see the release notes. Here are some highlights of this new version:
Several bugs were found and eliminated as well since the last version.:
If you have some time to give this version a go, you can install it from the plugin manager with this URL: https://github.com/FormerLurker/Octolapse/archive/0.4.0rc1.dev3.zip
Be sure to read this guide all the way through before upgrading. It may save you a lot of grief. Pay special attention to the section talking about automatic slicer settings!

Timelapse Browser
Rendering Progress Display
Failed Rendering Recovery and Download
Snapshot Image Archive Import/Export/Render
Multi-Extruder/Multi-Material Support
Camera script test buttons and new before/after snapshot gcode scripts 
Smart Gcode Trigger with Preview 
Rendering Text Overlay Outlining and New Replacement Tokens 
Failed Snapshot Count Display
Print Quality Warnings and Help
Missed Snapshot Warnings and Help
Customized Help for Setup/Print Start Problems
Improved Help Files
Test Mode and Logging Settings Separated
New OctoPrint Style Timelapse Feature
New @OCTOLAPSE commands 
Auto-Close for Snapshot Plan Preview
Log-File Management
Improved Classic Trigger Info Panels
New Quick Links Within the Octolapse Tab
I can't wait to hear all of your feedback! Please let me know what you like, what you don't like, what works for you, what doesn't, etc. I REALLY love hearing from my patrons, so please don't hesitate to message me!