diff --git a/Sources/Swiftly/Init.swift b/Sources/Swiftly/Init.swift
index e0c063fd..bc071334 100644
--- a/Sources/Swiftly/Init.swift
+++ b/Sources/Swiftly/Init.swift
@@ -42,10 +42,11 @@ internal struct Init: SwiftlyCommand {
         if var config, !overwrite &&
             (
                 config.version == SwiftlyVersion(major: 0, minor: 4, patch: 0, suffix: "dev") ||
-                    config.version == SwiftlyVersion(major: 0, minor: 4, patch: 0)
+                    config.version == SwiftlyVersion(major: 0, minor: 4, patch: 0) ||
+                    config.version == SwiftlyVersion(major: 1, minor: 0, patch: 0)
             )
         {
-            // This is a simple upgrade from the 0.4.0-dev pre-release, or 0.4.0 release
+            // This is a simple upgrade from a previous release that has a compatible configuration
 
             // Move our executable over to the correct place
             try Swiftly.currentPlatform.installSwiftlyBin()
diff --git a/Sources/SwiftlyCore/SwiftlyCore.swift b/Sources/SwiftlyCore/SwiftlyCore.swift
index 36c1aaa2..faa7a1cd 100644
--- a/Sources/SwiftlyCore/SwiftlyCore.swift
+++ b/Sources/SwiftlyCore/SwiftlyCore.swift
@@ -1,6 +1,6 @@
 import Foundation
 
-public let version = SwiftlyVersion(major: 1, minor: 0, patch: 1, suffix: "dev")
+public let version = SwiftlyVersion(major: 1, minor: 0, patch: 1)
 
 /// A separate home directory to use for testing purposes. This overrides swiftly's default
 /// home directory location logic.