AppleWin 1.12.7.1 has been released.

UPDATE: A serious bug has been found and an updated version will be out shortly.1.12.7.1 – 08 Jan 2006
———————-
– Fixed cmd-line switches -d1/-d2 to work with filenames with spaces
– Reset: Init Phasor back to Mockingboard mode
– Benchmark button acts immediately
– Fixes to speaker emulation introduced in 1.12.7.0
– Adjusted speaker freq to work better with MJ Mahon’s RT.SYNTH.dsk
– Fixed Bxx; ABS,X; ABS,Y; (IND),Y opcodes: take variable cycles
depending on branch taken & page crossed

Restriction:
– Ultima V: Select Phasor (slot4) and not Mockingboard

UPDATE: There’s a 65C02 emulation bug which causes AppleWin 1.12.7.1 to crash! It occurs when you attempt a JMP (ABS,X). This affects SHRINKIT on the Silvern Castle HDV image.