There were heaps of development work undergoing since the last release 1.4 Update-3 about a year ago. Alen is in the process of merging of everything from develop to master and we should expect version 1.5 to be released soon which I was lucky enough to also contribute a small portion to it, which allows prefixing the SQL database names so multiple databases could be created for different instances.
Keep an eye on the SIM's GitHub for any updates. You can also find it in Sitecore Marketplace.