
A new release of Open Outreach--RC7-- is available as of December 7, 2012. The release includes updates to many modules as well as Drupal core.
There are also a number of fixes made to address changes in the File entity module. A change was also introduced to address out of memory errors frequently encountered when all the features were enabled at once. For complete details see the release notes.

Comments
Thanks for the update. Is
Thanks for the update. Is there instructions on how to upgrade safely? I know that the Sites folder should not be updated, but what about the 'Profile' folder? Should I just keep it as is or replace it with the new profile coming from the latest release?
See the user instructions
See the updating instructions under user documentation.