Works great BUT did stop working after updating to OBS 32 (Windows, 64 Bit). HOWEVER I can confirm that the fix posted by @havesomejoe below does work in OBS 32.0.4!
To reiterate, you need to go into the script and edit the following entries:
"obs_sceneitem_get_info" to "obs_sceneitem_get_info2" (3 instances)
"obs_sceneitem_set_info" to "obs_sceneitem_set_info2" (1 instance)
Doing this didn't work for me at first when I edited the script through OBS > Tools > Edit Script. But it did work when I completely removed the script from OBS and edited the file separately. Just remember to take a screenshot of your original settings before this so you remember what you had.
I also had to rebind my hotkeys but, other than that slight hiccup, everything seems to work as it did prior to updating!