We have been working on evaluating BitPerfect on the latest version of Yosemite / iTunes 12.0.1, and we are coming up with a mixed bag of results. For the most part it is working quite well, but there are two areas of concern for us for the moment.
The first is with AirPlay. I have two Macs right now that have been updated to the new configuration. The first is a RMBP and the second is a headless Mac Mini. I seem to have no problems getting AirPlay to work on the RMBP, but thus far not with the headless Mac Mini. I have no idea what the problem is. I am currently updating a second, older MBP, and will see what happens with that one in due course.
The second issue is with the Console App. We use the Console Log as a valuable debugging tool, but unfortunately, under Yosemite, BitPerfect is flooding the Console with a raft of unhelpful messages. In effect, this is amounting to a Denial-of-Service attack on the Console App!! While this seems to have no obvious impact on BitPerfect's performance, it is rendering our primary diagnostic tool almost ineffective.
More on all this as developments arise ....
UPDATE 21 Oct 2014