Firstly, the track title doesn't show up. Everything else seems to be there.

Ack! That's a bug. But the title WILL display. I think the bug you're hitting is that when searching for the [emphatic] section, the first line after the section header is ignored. So put a blank line after the section header and I *think* you'll be okay.
Second. If I go into the Player menu, and hit the knob button, the display goes back to the custom mode, but if I grab the screen using Jempeg, it's still in the menu. If I press the left/right buttons, I can see the selection in the menu move around, and the track doesn't change. Only once I hit the top or bottom buttons will the display go back to the Player..

I have no idea what you're saying here. I've re-read it 3 times and I can't figure out what problem you're experiencing.. I get the first part, up until "if I grab the screen using Jempeg." What is the problem here?
Third, I'd like to request the time as a field (maybe down the road, have it customizable too)

Thought about that myself, it'll be in the next release.
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- Tony C
my empeg stuff