I think they do. If you want to update that way you just have to replace the cracked .exe/tslhost.dll with the original copies and then find a no-CD patch for the new version.

I pulled this off a private tracker this morning and the new features seem pretty neat. I was disappointed with the dearth of new clothes (more varieties of emo hair though  ), but the build mode stuff makes up for it. Also, it seems deadset on installing the EA Download Manager ... it tried forcing itself on my computer (along with Adobe AIR) when I first installed Ambitions, tried to get me to install it again after the installation, and now every time I open the launcher I get an error message. Game still works, so whatever.