Does it work with the hot-swapping stuff? I've set it up as per the instructions (I thiiiink...) - and now I can edit files in the console and they are saved to

Does it work with the hot-swapping stuff? I've set it up as per the instructions (I thiiiink...) - and now I can edit files in the console and they are saved to the file system: but I've lost the magical beautiful hot-swapping!