I absolutely agree with you. I installed V. 2.02 and was extremely disappointed. Lot of banners, no possibilities to handle the connections, and this stupid additional programs!!!
The badest thing is, that there was a Trojan on it called Trojan.Win32.DlDer which can be removed with the following program
http://www.grokster.com/virusinformation.html.
So after all I deinstalled V. 2.02 and be lucky with the mich better V. 1.7b