Fantastic program! I use it a lot for development of PKMN Nebula. A few bugs exist, but they have easy workarounds. (The bugs I speak of: Overwriting items does not work, Pokemon set to the 'Slow' experience gain group automatically get set to 'Fluctuating' for some reason, and the Items editor does not include Apricorns as a special type of item.)
Some of the features, such as updating, exporting, and overwriting files are not working. For example, when you try to overwrite abilities.txt, it is searching for abilitities.txt, which is an errata in the program. In addition, the items are not exporting or overwriting. I spent a couple of hours on the items bit and found out after that none of my edits were done. Very disappointed about this but still is a good tool.
Well done, I'm blown away! This will make editing so much easier. There is one thing I would like to see, and that is the option to create a new Pokemon in the Pokemon Editor. It's only a small thing, but it can help if there are heaps of new Fakemon being added to a game. Other than that, it's amazing.