I second that emotion. The old Fences was pretty solid, but had some glitches. It was useful enough that I easily ignored the occasional inconvenience.
Fences 2.0 beta is outstanding, so far - I'm tempted to go through the forum and read the problems people have had with it, but decided not to bother. It's at least half and order of magnitude more useful to me than the version I've been limping along with for quite some time, and I am happy to have purchased a license for the beta.
Kudos all around to Stardock.