This is great news! The only issue I would have is whether to upgrade to 2.1. I am still running 1.5 and it is ROCK SOLID (with the exception of the email driver which hiccups every so often).
The fact that Elve wasn't a viable business is really too bad as it is an absolutely incredible piece of software. Each time I use it to create something interesting, I am astonished that I haven't been able to exceed its limitations.