So you'll now get an alert when it goes yellow, and another when it goes red (if your configuration includes alerts for these colors, obviously).
That sounds like it should fix my problem perfectly.
I think the new code strikes a sensible balance between getting the necessary alerts and not being flooded with them. The current version works the way it does because I did not want to be flooded with alerts by a state that kept on changing between yellow and red - eg. a disk that is filled just about the limit between the warning and panic levels. The new code will give you that one extra alert telling you that the situation is critical, but once it has done that it will obey the REPEAT setting and only send you an alert every 30 minutes (or whatever your REPEAT interval is).
I like it, if we get a page and don't fix whatever is wrong so it goes back to a "green" state we should be flogged anyway. I'll be sure to grab the next version as soon as it's available.