I guess something like this was expected eventually, but still....boo. I didn't see an add free paid version out either.
It's ads now? Feh. Between OI File Manager and System Panel App I think I have all the functions covered anyway, except for root and I haven't needed that yet anyway.
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Besides the adds, what do you get with the update? If that is the only thing added I just won't update it.
Does this smell like chloroform to you?
Current: Galaxy Nexus
Semi Retired: HTC Thunderbolt
Semi Retired: Motorola Droid
Retired: HTC Touch Pro
Retired: HTC VX-6700