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There's no problem if you upgrade directly to 1.1.0 (meanwhile, ML was updated). I thought it could be a problem because it didn't work for me; but it was because I didn't format the card from the camera.
Right now, there's a small bug causing a crash on 60D if you press Play many times, very quickly. Fix was already released, but it wasn't thoroughly tested, so you may want to wait for a few days.
If you have problems, you can always bypass ML and run Canon firmware (hold shutter halfway at startup, or insert a card without ML).