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Release notes
This version mostly include bug fixes. Thing that were reported in the issue queue and had not yet been worked on.
I did not get any issue report from the ~140 people using the development version, so I would think we're good with this version.
Since the module does not use database tables, going back to version 1.2 will work in case you encounter any problem with 1.3.
* Fixed the title of the simplemenu settings fieldset.
* Moved a few things around in the settings screen.
* Fixed a potential problem with themes.
* Removed the info that is to be added by Drupal automatically.
* Many fixes as found in many issues. #565736: Can this be used as navigation on a website? #412500: Option to disable menu for site owner (uid = 1) #421732: Multiple Simple Menus in IE #766466: Add '#wysiwyg' to the textarea
* Passed through coder (fixed tabs, missing spaces.)
* Added missing hook_uninstall() function to delete variables.
* Fixed some formatting in code (.module, .inc, .css, .js)