Time Out 2.0 is currently in review for the Mac App Store! A bit faster than expected. I'm hoping for a general release in early March; we'll see. Quite exciting, after years of work on this upgrade!
Here are a few more improvements for both editions:
If you are using a version 2 beta, you can use the Check for Updates feature in the app to update.
If you aren't on the beta yet and want to join, visit the What's New page to sign up for an invite to download the beta.