The installation is a lot easier and faster and there are no more scary "unsafe" messages etc.
You automatically benefit from updates - no need anymore to manually update the Component Manager to a new version
The app is faster as we don't need to do things like version checks with data from a separate spreadsheet every time a function runs
Security: your Google Workspace Admins can whitelist this particular app instead of having to give you unrestricted access to any unapproved Apps Script apps
Do I need to migrate?
The old version will keep working until Februar 28 2023. We will not fix bugs or issues there. Migration is easy. Simply follow the steps below:
2. Remove the Apps Script code and Library connection in each of your Component Manager sheets:
I. Go to Extensions -> Apps Script.
II. Delete all code in the Code.gs panel and click the "Save" icon. If you cannot edit or save, make sure you are viewing the page with a Google account that has Editor rights.
III. Under "Libraries", click on the three dots next to "libComponentEditor", and then "Remove".
IV. Reload your Google Sheet. Done.
You will now no longer see the "AA Component Manager" menu on top. Instead, all the Component Manager functions are now under Extensions -> AA Component Manager: