Hiya Howie
You will receive the latest version as a download from the Official Ship Simulator site (www.shipsim.com). It will be version 1.1
As for your controllers, it depends on a number of factors. If you have any problems, please use the Technical support board after registering your licence key into your forum profile
http://www.shipsim.com/ShipSimForum/index.php/board,5.0.html
There is a controller setup guide, here:
http://www.shipsim.com/ShipSimForum/index.php/topic,3472.0.html
Regards.
DJM.