If you still using this add-on, please do not upgrade. First, remove old version (remember to you added manual code in forum_list template remove it too) and install this add-on again. Because there are a few changes.
-Minor bugs fixes.
-Added automatic template modification.
-All add-on folders/files has been moved to the Eagle folder now.
Now updated for XenForo 1.2
I've tested it and it is really good and stable with XenForo 1.2 version.
PS if you're still using XenForo 1.1.x then no need to update.
Added some new features
-Minor bugs has been fixed.
-Avatar Mode (this option to display People You MayKnow with avatars)
-User ID's to exclude (user ID's to exclude, this should be used to stop user showing)
-User group ID's to exclude (user group ID's to exclude, this should be used to stop user group showing)