That is right, you heard it there is an update! 1.5.0 after about a year with no updates!
With quite a massive changelog:
Version 1.5.0 - Installer Coordinator II after about a year with no updates! (Last Edit: 2015-12-14 19:03:10)
+Installer Coordinator II
+CONFIG.INI configuration file lets you change the default options on your installer and create custom setup scripts that automatically install the game (Good for network installations?)
+Install Movies to hard drive option, called Maximum install! (Not selected by default)
+Variable Editor, lets you edit the variables of the program and create your own config.ini files
+If you select the wrong drive on a disc selection menu you can retry instead of being forced to quit
+A dialog before the final window asking you to restart or not was missing (forgotten perhaps?), it was added
*Graphical update, new graphical buttons and more exact text on the IC dialogs
*On the final window, clicking on the text next to the radio buttons changes the selection like in the original, previously you would have to click exactly on the radio button circle.
*Changes in internal code so less copy paste and more common shared modules
-Old style debug mode removed, its now a variable editor.
Anyone encountering issues should try re installing with the latest version of the installer!
You can uninstall the game by deleting the Square Soft folder in your 32 bit program files folder!