Signatures are fine.
Ok looks like I'm not alone. Anyone else seeing a message saying you need to upgrade Electrum when you are trying to send from the old version?
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gpg --keyserver pgp.mit.edu --recv-keys 7F9470E6
gpg --verify Electrum-2.5.4-setup.exe.asc Electrum-2.5.4-setup.exe
gpg --keyserver pgp.mit.edu --recv-keys 7F9470E6
gpg --verify Electrum-2.5.4-setup.exe.asc Electrum-2.5.4-setup.exe