As was made clear in the forum post :
http://www.yummysoftware.com/forum/index.php/topic,1437.0.html… the Mac App Store version does not include the FTP Alias or FTP Watcher creation capability.
However, for existing registered users of the regular version of Yummy FTP (such as yourself) the Mac App Store version will continue to support the FTP Watcher uploads and the FTP Alias uploads, and you can still even edit existing FTP Watchers and FTP Aliases. So you can simply make a copy of an existing one and then edit it to your preference.
The net effect is that registered users really lost nothing at all except a menu item, and I'm looking to restore that in a future App Store update
