Updates to the Semiologic plugins and themes for WordPress 4.7 compatibility are forthcoming. Basically most everything works just fine, as it always has with every WP release. Yet, WP is going through endless changes for the sake of change that always has the potential to break things.
So stay tuned…..
4/26/17 …. you should have seen a few updates in your dashboard for Semiologic Cache and External Links. XML Sitemaps will drop next. Bottom line is these are feature and bugs fixes and everything is just fine with 4.7 and 4.8 of WP.