Xrystal, you'll notice the Lua tab at the bottom of the screen. It produces both, and you choose which you want to use. Just copy and paste the one you desire.
I updated with a new version which should fix the Parent inheritance bug as well as a few other minor ones.
I added better formatting to the XML and Lua text boxes as well.
Also, backdrops and status bar colors can be defined in the properties window.
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