Panorama X 0.1.032 Build 2362, with two bug fixes, is now available. You can download this new version from the web site, or you can simply launch your current version of Panorama X and let it automatically update. If Panorama X is already running, choose Check for Updates in the Panorama menu.
The primary reason for this release is to fix the problem reported by some users in quitting Panorama X.
This problem is now resolved. The other problem described in the thread, files being marked as edited immediately when they are opened, is also fixed (and turned out to be the underlying cause of the quit problem).
This release also includes one other fix, now Panorama X can run on read only volumes or run from a folder that you do not have write privileges for (which can happen if Panorama is installed in the /Applications folder and you have multiple users on the computer).