I used version 2 a while back, it is really hard to get to know to but I think the results can be quite satisfying once you know what you are doing. I was satisfied, then I decided not to use warezed software... It just wasn't good enough to buy for me FWIW.
Better for pads and leads and evolving soundscapes, not so much for bass. Wouldn't know about the latest version though, but knowing the update history with NI, it probably has little new.