Thank you Fractal for the great update!
The drive pedals are amazing - I come from the AX8 and have always avoided using it's drive pedals because they sounded too artificial. That was a lot better in the previous firmware for the FM3, but now it's great!
Only the 'Low Cut' parameter needs to be fixed, but that has already been described by other users.
I also have to admit that I was very skeptical whether the 'Ultra-Res' IRs even make sense, but I have to say I'm very surprised how they change the space.
To test it, I created a simple dry preset with the 'ShivaClean' amp (do not use time-based effects such as reverb or delay!) and loaded the same IR 'Legacy # 188' (4x12 G12H Creamback Mix) twice into the cab block and panned hard L / R . First I had to learn what to listen to: with headphones I switched one of the two IRs to 'Ultra-Res'. You can then immediately recognize the impression of the room in one ear, which is cut off in the 'Standard' IR.
So far I have no problem with the bug with the left display mentioned by other users - everything works as before for me so far.