The sensor is safe to use with strong magnets, it would need to be a
really strong one (or rather an AC field) to damage something - and it would probably damage rest of the electronics as well

Stronger magnet will make it possible to control from larger distance, and therefore more precisely.
But the rings work well enough - I tried
this one with inscriptions and
this one with darker band, they are good,
this hematite one is a lot weaker and almost unusable. Haven't tried
this one, looks the same as the darker but might be made from different alloy.
UPDATE: The
silver and
gold ring arrived and work well - they're much stronger than dark one.
Yes from the channels in current beta firmware, only one or two respond to it. The programming channels are broken (sorry, it happened while last-minute refactoring and optimizing other parts of the code, and I've noticed it only after flashing over a hundred boards).