It appears that in order to upgrade from 1.0 to 2.0 a couple of stops need to be made:
a) 1.0.x must be upgraded to a 1.2.x version
b) 1.2.x must be upgraded to a 1.5.x version
c) 1.5.x must be upgraded to a 2.0 version
- and there are no shortcuts.
I've read about importing posts and comments from other blogging platforms to WP, but there is not a method of importing the earlier WP versions posts and comments to a newer install - even on a new server account.
Would this be the nutshell of IT?