I would suggest the addition of a snooze button for the alram. I know in CRW, cutaway altitude and cutaway time do not always happen at the same second. I'd like to be able to hit snooze and be reminded later.
Canopy locator does not always work right. We set out to find a cutaway canopy last Sunday but the device took us to a Tandem cutaway that had taken place several weeks before.
I'd recommend waiting until they have the bugs worked out.