auto exposure and white balance, for me, are not necessary and since you don't get to choose the white and black points from the scene, they aren't that accurate.. a besides you can adjust lighting, exposure etc, using iPR, so I just don't see the point, besides, having a photographic background, getting a decent exposure is really not that difficult. Same pretty much goes for all the colour correction and other controls, built into the VFB... To some they are invaluable, to others they are wasted code, because they prefer, like me to do things like that outside of V-Ray and have far greater control too. For me, one of the best features of the latest release UPDATE 1, are the much faster IPR, both CPU and GPU and for those that have newer versions of Max, they can make use of the Viewport IPR, which apparently is even faster. The lens effects however are vastly improved, no more of that, turn it on and get a bloom effect over the entire image, the struggle to get a decent glare/bloom, only affecting the actual lights and highlights... and they are much more realistic and accurate now too, even if you use VRayLightMtl, especially nice, when you have say a bunch of very small lights, for example on a Christmas tree, you need to get them quite bright, before they affect the lighting of the room and the lens effects help to blur out those nasty jaggies you tend to get, from overly bright lights. Would be cool to have lens flares as well, and perhaps be able to get chromatic abberrartion, although they are things, that most professional photographers hate and Photoshop was actually designed to remove CA, but as a consequence, it can also be used to add it. Each to his own I guess, what one finds really useful, another will find another way to do it or just think other improvements could have been made, that would be more useful.