There are a couple of important bug fixes and we recommend this update for everyone, even if you are not running CC 2014.
NOTE: Typically Video Copilot plug-ins can be copied from one plug-in folder to another.
But we did find a bug that required us to update the plug-in this time. For other plug-ins like Heat Distortion and Optical Flares, you can still just copy them to the CC 2014 Plug-in folder and we’ll get the installers updated this week.
Source: Video CopilotElement 3D 1.6.2 Updated for AE CC 2014 by Charles