I have found two issues with character alignment (see the following minimal example): one when \\ is used in a cell instead of \crlf, another one when \high or \low are used in a cell. Is it a bug?
\starttext
\setupTABLE[%
aligncharacter=yes,
alignmentcharacter=.,
align=middle]
\subject{Reference}
\startTABLE
\NC Foo\crlf bar \NC \NR
\NC 1.1 \NC \NR
\NC 11.1 \NC \NR
\stopTABLE
\subject{Double backslash issue}
\startTABLE
\NC Foo\\bar \NC \NR
\NC 1.1 \NC \NR
\NC 11.1 \NC \NR
\stopTABLE
\subject{Sub/superscript issue}
\startTABLE
\NC Foo\high{bar} \NC \NR
\NC 1.1 \NC \NR
\NC 11.1 \NC \NR
\stopTABLE
\startTABLE
\NC Foo\low{bar} \NC \NR
\NC 1.1 \NC \NR
\NC 11.1 \NC \NR
\stopTABLE
\stoptext