Pd version 0.42-5 is ready:

http://puredata.info/downloads

or via svn:
svn checkout https://pure-data.svn.sourceforge.net/svnroot/pure-data/trunk/pd/

Bug fixes: abs~, log~, pd~ -ninsig 0.

The 32 channel limit for ASIO and on Mac is no longer imposed.

A -noautopatch startup flag stops Pd from auto-connecting to new objects
(which some people seem to hate :)