I have Versatool version 1.02 running on Blackberry Bold 9700 with OS 5.0.0.680.  Since the first version installed, Standby and lock actions do not work on a backlight off event.  I know it reads backlight off, as I've managed to set it up to do something else and it works (turn off wi-fi).  Would be a nice to have.  
Another minor annoyance.  When I recently upgraded to 1.02 (was ridiculously running an old beta version), I lost one of my popup menus.  I recreated and the keyboard shortcut stopped generating errors.  Backup/recovery did not work for this.
			
		