Hi all. Here's my Multi/Sub Object Material Creator.
V.05 Updated UI to a less cumbersome version so it's easier to use. Kudos to Tassel for development)
V.04 Updated to include the option for Mental Ray material preset.
Ui tweaks to seperate the materials It now produces a random colour for each material (thanks to br0t)
Added the option to name your material (thanks to br0t)
V.03 Updated to include Mental Ray materials!