Max 7.5 - is it right?

I have installed the Max 7.5 updates, but our versions still say version 7 with SP1 patch. Is this right?

yep. The splash doesn’t change.

Personally, I take issue with the 7.5 moniker. It’s an extension like the cloth was. I don’t know why they are calling it 7.5. It just seems like a way to make the non-subscribers feel like they’re missing something.