we've just released a free update to shaderMeister V1.1a. This update mainly addresses some issues that have shown up after version 1.1 was released:
Changes since V1.1:
Fixes to the preset system to make it more tolerant to directories and files others than presets in the preset directory.
Added the ability to define custom locations for presets
Made the warning when applying the shader more explicit.
Fixed an issue with the master handler reading beyond the settings designated to the plugin within the LWS