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I am not sure what you mean by "using the lastest one". Content, authored by davinci27, is at version 0.5.
What I like most about this module is the ability to order items in the module's "main menu" and its submenus. I put that in quotes, because that menu is not the XOOPS Main Menu. What I have done (on a new version of my site that I'm rebuilding in XOOPS 2.2.3) is to hide the XOOPS Main Menu (making it invisible in XOOPS blocks admin) and to rename the Content site menu to Main Menu. I don't think you can order the menu items by using the Add Main Menu Item link that is visible to admins. However, if you go to admin/modules/content/add-edit content, you can set the order of menu and sub-menu items.
You can also set them to visible or not. Visibility here refers to the visibility of menu items. I use several that are set to not visible for pages that I want to appear after a certain user action but that I don't want to appear as menu or submenu items. For example, I use one such page as the return page after users have completed a Paypal purchase.
Hope this helps.
Barry
Barry Cooper
Sweet Home, Oregon