Erase??
I've returned to a project since the update and I cannot figure out how to erase a note! When I tap the chord and hit edit there is no delete option and I have no eraser tool on the slide menu. And there seems to be no explanation or answers in the help section either so I'm at a loss. Can't really continue using this program if I can't erase anything. 
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In Version 4, Erase mode was removed and merged with Select mode (which is the cursor icon on the Notes Toolbar at the bottom left).
You can delete a note by first switching to Select mode, tapping once directly on the notehead, then tapping the delete icon from the menu items that appear above the selection (icon highlighted below):