Waterfall Software today released iVideo 2.0, an update to its advanced video organizer for Mac OS X. Version 2.0 features a revamped user interface, video exporting, a new “Gallery” view that displays both a thumbnail and information about the video, a rating system, a “Quick Search” feature, several bug fixes, and more. In addition, iVideo 2.0 has a new database format that is more stable than in previous versions, according to the developer. Version 2.0 is a free upgrade to registered users, and US$16.95 for new users.