There is a new patch for Wing Commander Standoff. It mainly fixes issues with the newest versions of Windows. If the game is running smoothly, it's not necessary to update, but the tweak is now available via the game's auto-updater. The Standoff team is also working on an OpenGL update to smooth over display on ATI cards. Further on the subject of video cards: the recent nVidia driver release 260 breaks the game. Upgrade again to at least the 265 release to fix that.
A small update from 1.31 to 1.32 is now available through the game's autoupdate. It fixes a number of compatibility settings for Windows 64 bits OS that were not installing correctly in the past versions. Although these could be set manually they are now correctly set automaticly. The Help/FAQ page has also been updated.