My Scales of War group got to play beta tester for the v2.0 ruleset this week. Everything seemed to work pretty well. There were a few minor issues that I noted and need to confirm as bugs. Nothing that stopped us from playing. If you're really interested you can read all about the session here. But it's mostly story and quotes, not anything terribly useful.
So I took a screenshot as one of the encounters was ending. From the chat/CT you can effects being applied and removed. As moon_wizard previously posted, effects have a lot more functionality in 2.0 I'll leave the details to him, but I will say they make both the DM and the Player's life easier.
Note that the right hand icons and the center desktop image (obscured) are part of an extension I made, they aren't part of the ruleset itself. They are based off DevinNight's original DND reskin (I never got the version with the encounter icon..doh!) and an image Zeph sent me. You can find Devin's Reskin in a thread buried deep the FUM group. I actually made an extension containing his entire reskin and sent it on for him to distribute if he wanted. Everything else appears as it does in the ruleset
(I split the image into 3 parts for better display)