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I think it does reload the mod when it notices that the DLL have changed, you just have to properly cleanup in the appropriate functions. I'll experiment with it later today.
Could be though since they also provide utility to compile the DLL for you that it does it only if it notices the source code has changed?
 
So here is how it seems to be When you exit to the menu it unloads the mods and if you start a game again it reloads thr dll i believe.