It is the latest production release. They don't let you access the development versions anymore (and I thin that is a good thing).
I had the same issues with the version that Tormach shipped (7.1.1 I think). You have to install it first though as it installs the dongle licensing scheme. I would install off the Tormach disk, do not run the software, and apply the latest version over it. No issues since I did that.