Not by default. The new menubar doesn't have just one cell for it's table, but has two now. So as per the instructions, this causes a problem because the template code you need to add kinda fudges that up.
You can fix it easily by moving it in it's own seperate table.. which I have done, but I have yet another problem. In the past, when nobody was in the chat, that table didn't display at all. But now, even when nobody is chatting, the border of that table still displays (most likely because I added a new table in the template to hold the chat info).
So.. I haven't had time to play around with it enough to work properly, but when I figure it out I can post the update to the code.