I know it's in the KIL but I have had hope to see it working in the beta...
Used a APC Back-UPS CS 650 for testing:
-UPSd not running.
-No dashboard information regarding UPS Status is shown.
-No shutdown action in case of a power outage.
Starting the upds by console will shutdown the unit if the battery level is near end.
This is a must basic for version 7.4.