Looking forward to the v3 - got the developer licence but holding off projects until v3. Hopefully it will have better payment gateway support. From the updates v3:
-Completely rebuilt and redesigned product backend and UI for a
much cleaner and professional look
-Featured ads module is larger and will use a jquery carousel that
automatically rotates through your featured ads
-Built in blog option so you can now post articles on your classipress site
-User image editing. Your customers can now add, remove, or delete
their images straight from their edit ad dashboard.
-Ad details within WordPress post edit section are grouped together
in a new "ad" module instead of down below as separate custom fields
-Multi-step ad posting that shows a summary page before submitting a new ad
-Tighter integration with PayPal
-Set the number of image uploads allowed per ad submission
-Ad package manager. Build your own ad packages (i.e. 30 days $5, 60 days $7, etc)
so customers can get discounts for longer term commitments
-Coupon code option. Promote your site by building and distributing
special coupons.
-PayPal subscription option to automatically
-Email reminders sent to both you and the ad owner once an ad is set to expire
-Ability to add your own custom fields
-Better category displaying. There will be a new mega tab that will
show all your categories which allows for growth
-Replaced thumbnail image code with popular TimThumb. Easy to resize
images to your own dimensions.
-Less plugins required. A breadcrumb is now built into CP
-Larger ad thumbnail images on the home and category pages.
-Individual ad images are at the top of the ad which also includes
a new image preview module.
-Homepage now contains a right-hand sidebar with an "about your site" module
-Contact poster sidebar module includes a bcc option so you know
when ad posters are being contacted.
-New poster's other items sidebar module shows what else is listed
by the same owner. Includes a thumbnail image as well.
-New similar items section shows other relevant ads to help promote
your other listed items. Also includes a thumbnail image.
-Cleaner sign-up and login page without a sidebar
-Additional sidebars so you can have different widgets on your blog
posts vs your ads
-Enhanced comments section and ad poster styled comments. When the
ad poster comments on the ad, it identifies him/her as the ad owner
-RSS feeds available at the category-level
-Record the ad poster's IP address with the submission
-and much more!