I think this component has the potential to be the best of this category. I really like it and even with the flaws it has I am willing to install it in my site, but it does not work well with the newer Joomla versions. I installed it and even after applying the patch there is an uncomfortable issue: I still don't get the list of different categories entered. I'd love to have the newer version you promised before. I will be the first to download it.
Thanks for the review. I have updated the component to run on versions up to 2.5.8. New version can be downloaded at www.mytidbits.us