Hi Damien, I appear to be having a similar problem. Apologies if I give too much info here but I just want to show exactly what I'm doing.
I set my preference in Ultimate Control ,press the Set Touchscreen Sensitivity (for example), the button turns blue as it's changing the setting then turns back to white and the preference has been changed. I exit using the 'back' touch button on the phone but when I immediatley go back into Ultimate Control it will have reverted back to 'default' setting??
I am using the stock Froyo 2.2 ROM and gave Superuser access the first time I opened the app.
Please help.
PS. I can't join your forum.org page cause MS Smartscreen tells me the site is 'unsafe' (ooooh
).