I'm trying the latest version of this software (a nice replacement for BBAlerts) at half the price. It refused to work until I deleted MessagePeek. I'm hoping to get these two programs to work together.
I can confirm this, but unfortunately it does not work with Autostandby. When you get a missed alert it will get your phone out of standby and will flash the LED but after the autstandby timeout expires and the phone enters standby again the LED will turn off. I noticed that any slight activity on the blackberry, even just moving the rollerball will turn off the LED and i think this is the reason it's not compatible with autostandby. Perhaps in a future version they should make it so at least a button press turns it off and not just any sort of activity.
It doesn't change the bbm. It's a RIM program and as far as I know nothing changes it. Just leave it at default red and change everything else. From what I see the app added orange into its colours. I haven't seen any other changes yet.