I can confirm that this flashes fine over the 1.0 version with no data wipe. I did lose the blue clock and some other things that were in the first version, but this may have been intentional or unintentional changes which is why i'm posting. Lock screen changed as well as some more bloat/widgets removed.
I did remake the UI. I noticed the sound icon on the lockscreen is stupid looking, I use GoLocker so I didn't notice. I will fix that.