diff --git a/Cargo.lock b/Cargo.lock
index 9050fe95..81d24349 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1290,7 +1290,7 @@ dependencies = [
 
 [[package]]
 name = "memofs"
-version = "0.1.3"
+version = "0.2.0"
 dependencies = [
  "crossbeam-channel",
  "fs-err",
diff --git a/Cargo.toml b/Cargo.toml
index c552f8b7..cd760b45 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -46,7 +46,7 @@ name = "build"
 harness = false
 
 [dependencies]
-memofs = { version = "0.1.2", path = "memofs" }
+memofs = { version = "0.2.0", path = "memofs" }
 
 # These dependencies can be uncommented when working on rbx-dom simultaneously
 # rbx_binary = { path = "../rbx-dom/rbx_binary" }
@@ -95,7 +95,7 @@ uuid = { version = "0.8.1", features = ["v4", "serde"] }
 winreg = "0.9.0"
 
 [build-dependencies]
-memofs = { version = "0.1.3", path = "memofs" }
+memofs = { version = "0.2.0", path = "memofs" }
 
 embed-resource = "1.6"
 anyhow = "1.0.27"
diff --git a/memofs/CHANGELOG.md b/memofs/CHANGELOG.md
index 6a6aecde..b49b2f0f 100644
--- a/memofs/CHANGELOG.md
+++ b/memofs/CHANGELOG.md
@@ -2,6 +2,9 @@
 
 ## Unreleased Changes
 
+## 0.2.0 (2021-08-23)
+* Updated to `crossbeam-channel` 0.5.1.
+
 ## 0.1.3 (2020-11-19)
 * Added `set_watch_enabled` to `Vfs` and `VfsLock` to allow turning off file watching.
 
diff --git a/memofs/Cargo.toml b/memofs/Cargo.toml
index 9dac4351..5cf5a733 100644
--- a/memofs/Cargo.toml
+++ b/memofs/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 name = "memofs"
 description = "Virtual filesystem with configurable backends."
-version = "0.1.3"
+version = "0.2.0"
 authors = ["Lucien Greathouse <me@lpghatguy.com>"]
 edition = "2018"
 readme = "README.md"