The Element Editor has been updated with new features, including direct text editing, enhanced color editing, and improved style controls. The editor now allows users to edit colors with fewer clicks, make font size adjustments, and customize margins and padding. This update aims to provide a more intuitive experience, enabling faster editing and real-time updates. Users can activate the Element Editor from their chat interface and directly edit text elements in the app preview, making changes instantly and without consuming credits. The Element Editor also seamlessly integrates with the Element Selector, allowing users to easily make changes to their app without needing additional steps. Overall, these enhancements aim to simplify app creation and bring the experience closer to that of using a design tool.