I was just noticed that there is a new version of Form Builder Lite 1.0 available. I presently have ver. 2730 running, but this is ver. 2902. I did download it and went to install it but I need to remove the older version first. Anyone use this one yet and if so how is it. Not sure if I want to go through the switch if a complete new Web Builder is going to be released this week.

That is normal. New versions will always uninstall the previous versions for you. It is perfectly safe.