The mod works fine for me and I changed the version in the vbLinks 2 importer and that worked a treat as well
One question, I have a moderator who used to look after links but to have full control of the links pages it appears he needs to be an administrator (i.e. add new categories etc).
Is this true or have I configured it wrongly? I have set moderators to have all permissions. In fact I can't even see how to add a new category so I probably haven't finished the install, doh!