This is a similar problem to mine, i was running version 1.7 until my computer crashed and i had to delete everything. I downloaded the new v.2 basic, but i could only get one connection up, so i paid for the full version, and it still only makes one connection, i can hardly find any files. Before on 1.7 i was able to have 8 connections, and plenty of files. I'm using mactella at the mo. but i don't like it, would rather use limewire, but there's next to nothing with only one connection. I'm using OS X on an iMac too, with 512k net connection.