In addition to this I would like to see thre options and not one.
1/ Mount All
2/ Dismount All
3/ Dismount All and Clear Stored Passwords
You have TrueCrypt I guess. Your software is simple and that's great. But TC has some cool features and very easy to use as well. E.g., when mounting favorite volumes, TC is trying to use one password you entered for all volumes. So it's very easy to maintain that.
Favorites Volumes and Mount Favorites Volumes