OK.. 6.0.2 is out - Sorry to steal your thunder Todd

I have a question regarding the BEA Bulkloader adapter.
It didn't mention if there were any limitations etc, so just to ask...
By deploying (with doDeletes) with OD and updating BEA WLP with the adapter, are all operations handled (IE create content, update content, delete content)?
I'm not sure how deletes are supposed to be handled. Would physically deleting the file on the source automatically delete the content (and metadata) in the portal?
Or do we have to deploy a property file marking the file deleted in the lifecycle?
I'm looking to see how seemless file operations will be - are deletions an exception?
Thanks
John Cuiuli