Well tasted by my beta testers anyway...but yes 2.0 for the Paid app is ready! so long as there are no more bugs the new update will be loaded to the market tomorrow.
Note that once the new update is on-line the sale will end, so if you have not already grap your paid copy for 20%!!
The change log for the new version is:
*New V5 small image, featuring fixed Java, even more lightweight (now around 1.2GB free) and user can set screen size on boot
*PAID New Build guide which shows you how to build your own Ubuntu images
*Brand new UI To make the whole thing more useable
*PAID new 'one click boot' feature to allow quick booting from either the widget or inside the app
*PAID new widget to activate the one click boot
*PAID app install guide changed in light of 'one click boot'
*Fixed keyboard mapping of random letters in Gnome
The free version should then be updated by the end of next week and will include the new UI and the new V5 small image and Gnome mapping fix.
Backtrack will then be updated shortly after that to include pretty much everything in the change log above (apart from the small image, there is still no small image for backtrack)