Zappy -
Many of the posters here are generally happy LW users. Or we were until 2 came out of the gates like a lame horse.
The reason I was willing to 'sign-up' to give my money away is because the track record WAS good. The six dollars was less about the the new, improved version than it was a vote of satisfaction with the overall product. I expect that the Limeys will get their horse up and running again. Perhaps the app will be faster and stronger than before.
Your point about promulgating version 2 is well taken - and it is a sound reason to allow 2.x to run on at least one of my machines, albeit with lowered expectations.
However, I am more concerned about the lack of response from the Limeys. Where are they with info about the app? Many users would like to know what the problem or perceived problem is.
Further - there seems to be feeling of loss about features. The Limeys have not kept up with their documentation. Perhaps like other development processes- the technical writing and communication aspect about the product was sacrificed or never made part of the entire process.

So make that six dollars and 2 cents invested.

maphead