Good but should be better

I have been a heavy user of swipe-type keyboards for many years, and now use Swype for iPhone. Its better and more precise than several other swipe keyboards for iPhone, but has several annoying problems which make it hard to use on a smaller, iPhone 5 screen.

I would love the app to be more configurable, plus to remember my most frequent choices among similar words. Examples:
Swype always erroneously picks "patent" over "parent", "Erik" over "will" (!!!), "top" over "to" (!!!). I always correct "Erik" back to "will", but the app still continues to assume "Erik" the next time I type "will". This is my biggest gripe- some other swipe-type apps are self learning, but unfortunately have other, bigger bugs.

Secondly, when I type words one character at a time, meaning that I want a very particular spelling or an acronym, it force autocorrects the word anyway. I want to be able to configure Swype, so that any such words that I type one letter at a time should not be auto corrected.

I am happy to pay more for these extra features, since I heavily rely on Swype every day.

YuriN1 about Swype