I've been a big time skeptic of this charger for a long time. When V1 came out and all the problems started happening I just took a "see, told you so" kind of approach. After seeing some of the reports on V2 I decided..... maybe at 25 bucks I should just see for myself....... so I bought it from Going Gear with some lube since I already read on the slider issue and them jamming up.
I was very skeptical. But I have to say, the more I use it, the more I'm swayed. It's just........ easy. Put everything in, it charges, it terminates, every li-ion comes off at 4.2 volts (even my slightly older cells which came off my hobby charger at 4.14). All my nimh charge and terminate fine.
It's easier than dinking around with the hobby charger, and being able to do 4 cells at once, despite the slow charge rate, simply makes it faster and less hassle.
I guess I'm sold on this little hunk of plastic. I wish they'd properly lube it, and I think it's heat generation is a bit high, but for $25 it's really not bad.