Well, you should now be getting a “read on” link after the excerpts in the show posts widget and other place, and whether they contain a “more tag” or not.

This wasn’t happening in previous versions and so has been “improved”.

And you can now also change the text used using a filter:

add_filter( 'livingos_more_link_text', 'my_more_text' );

function my_more_text() {
   return "please read me";
}

Of course you return an empty string to get rid altogether.