TextSoap 7 is ready for Mac OS X Lion. There are no known issues with Mac OS X Lion. As always, you should be using the latest version of TextSoap 7 whenever possible.
TextSoap 7 does not yet take advantage of the newer Lion-only features like full-screen, autosave, etc. I know new Mac OS X Lion users will quickly become accustomed to this Lion functionality and I am looking at how to best implement these Lion-only features.