I noticed the only thing that's being indexed is content from the main editor and the title field. Nothing else (neither excerpts or custom fields) is returned in search results.
I even tried with the Custom Field Template (see faqs) and there were still no results.
Also, I noticed that you can't hide pages, pages or custom post types. If you deselect any post type (built in or custom), they are still being indexed. This also happens if you have these checked but exclude items by filling in ids. Everything is showing up.
I am using version 2.0.2
Is anyone else having the same issues?