This is an exciting time for Taxonomy Menu.  I have just released the new UI that will be the base for creating menus in version 3.  The plan for the new API will allow any module to use the UI to create the menu structure, but give them the ability to create the menu in their own method.  No longer will you be restricted to only menu links.  You will be able to create blocks, HTML, or any other Drupal structure from taxonomy terms.

As of version 3, Taxonomy Blocks and Taxonomy Navigator will be merging with Taxonomy Menu.

Please join in the dicussion.

You can see a screencast of the new UI here.

I hope to hear from all of you!