The audio quality produced in v2 is worse.

I'm also looking for v1..  After adobe upgraded the version Currently I'm Not using this.. V1 is More and More Comfortable Sound.. Please Bring V1 or Downgrade us.. 

Couldn't agree more. Sibilant sounds just get lost now to the extent that I've had to stop using it. Fix it or bring back V1!

I have uploaded many different clips and they have all been way worse in v2 than in v1. In v2 I have even taken the same clip that I enhanced in v1 and it has been better in some portions, however, there are certain sections that sound completely different than the rest of the clip; too much bass, too much hissing, and it would not be that noticable if the whole clip was like that, but because it randomly switches in different sections it makes the audio unusable because it's distracting for the viewer/listener. Needless to say, I will not be using this feature anymore unless they fix it or have an opttion to switch back to v1. 

What's honeslty happening to me is that now adobe podcast V2 creates really really weird noises in the silences that are located between words or sentences. Like I'm editing a podcast right now and I find myself spending A LOT OF TIME cleaning these weird noises. And also voices sound compressed and some words are completely distorted in the process. 

Thank you all for your thoughtful and candid feedback on Enhance Speech v2! We truly appreciate it and hear you loud and clear. Based on the feedback we’ve received, we’re working to allow free users to be able to select between using v1 and v2, which should be available early in the new year. Stay tuned for more updates!

Yes, I find v2 to be a disappointment as well.  Side by side comparisons of the same audio file shows this.  V2 sounds a bit muffled and my voice distant and even voice volume is lower.  I see now that I can switch between v2 and v1 and thanks for this option.  I look forward to a v3 that improves on v1 but unfortunately v2 remains sub-par.  Just some constructive criticism.

I've noticed V2 has major issues for audio with multiple people. If there's any moments of laughter or slight talking over each other, audio is destroyed. V1 for the win

V2 of Adobe Podcast Enhance is just horrendous, V1 was surely not perfect but it was incredible to use and I really put the Adobe company in high regards because of this AI tool, V1 allowed me to make my voice-over audio clear and crisp with the inclusion of Adobe Audition, I depended on it to be able to do my work as a voice actor but now it is basically useless, this version has ultimately affected my work and clients have noticed how robotic V2 sounds, the noise leveling is pathetic now, V2 causes my voice to be muffled at the beginning and at the end of my voice recording which is inconsistent, I do not understand why Adobe keeps breaking things which were not even broken in the first place, you do not need to keep updating the AI tools because this what it leads to, bring back V1 or sadly people will start using Adobe Podcast less. Honestly, if  you want a good alternative just use Auphonic, it is a bit pricy but it will definitely get the job done, it is 40x better than V1 and V2 of Adobe Podcast combined.

V2 is a downgrade. In addition to what others have said, V2 tends to clip low-level voice, and it consistently mutes laughter and chuckling, which is part of the natural audio. I will say that it's great at taking out noise.

Can we have an option to choose back to V1. V2 is worst.