Software
The Kone uses the Roccat Swarm software. I'm just going to focus on its mouse-related setting options here and will not go into more detail on the macro and profile managers or Swarm Connect, for example.
In the settings tab, you can set the CPI level you want to use; up to five are possible. In this example, I used 400 CPI as my main CPI setting and 1600 CPI for certain scenarios, like tank turrets in Bad Company 2. The software also allows you to conveniently set the Windows cursor settings directly. You can also set sensitivity (which I don't see a need for as CPI is exactly that, a sensitivity setting), vertical scroll speed, horizontal tilt speed, and double-click speed. I left all of these at their default values.
In the button assignment tab, you can do just that - assign functions to buttons. You can also set a button as a dedicated Easy-Shift[+] button, which then changes all the buttons' functions accordingly. It's also possible to assign macros to buttons here.
In the advanced settings tab, you can adjust polling rate, enable sound feedback for certain functions, change the LOD (under distance control unit), which I was testing in its high setting right here, and also reset to factory defaults. The lighting options are also in the advanced tab. These allow you to set the lights for the four LEDs separately and use one of four effects. You can also enable a color-flow effect that will cycle through the color palette.