Edge Animate 2014.1.1 addresses a majority of the concerns reported by you post the October release of Edge Animate (2014.1). See http://helpx.adobe.com/edge-animate/kb/edge-animate-501.html
if you do not see the update listed in your CC application, sign out of the application and sign in again. For instructions, see Sign out, Sign in | Creative Cloud Desktop app
On a high speed internet connection, it took me under 5 minutes to install the application. After you install, open the application, and select Help > About. The version should be listed as 2014.1.1.
For any questions related to this update, please create separate posts.