I used this theme in the first place because the front/home page had the ideal layout for my purposes. V1.2.1 (May 2014) gets rid of your home page entirely. InkThemes say that a new WP rule disallows the use of a home page, but WordPress insist that there is no such rule.
InkThemes tell you that the way around the loss of your homepage is to buy the Premium version of the theme from them. (Which means that there is no WordPres rule against homepages, of course). You have to wonder, would you give money to a company that screws up your website, lies about the reasons, and then suggests you to give them money to get it back?
Would a more appropriate name for this theme be Ransom?