Changes:

Fixed color of "Cancel Installation" message (pre report from tester),
Removed unused import of zipfile module in modernextract.pyw
Minor logging message update
Changes:

Updated illegal files blacklist to sort through and compress temporary
folder instead of selected files,
Changed location of temporary folder created for illegal files check,
comments and logging messages updated accordingly
Changes:

Updated messages containing Patch Name and Version to automatically
surround the version in parentheses and append Version: (per suggestion
from tester),
Removed old code left over from PatchIt! Version 1.0.x days,
Updated FileNotFoundError message with folder path of PiP file
Changes:

Updated logging messages to give a bit of whitespace around tracebacks,
Removed import of traceback and sys modules in modernextract.pyw
PatchIt! V1.1.1 is now at RC2! :D
Removed fishy code during handling of a PermissionError,

and fixed some fishy code during handling of an Exception.
Update Change log for previous commit
PEP 8-ized setup.py
Update Installer for last commit