Cody KriegerCody KriegerAnonymous 25 Jun 2011 07:48
The current released version (v2.0.1) doesn't work, but if you build the source yourself, as of a couple days ago everything should work great with Lion. :) There will definitely be an update to fix the compatibility problems before Lion is officially released.
Source is at https://github.com/codykrieger/gfxCardStatus
Cody