I use the 3M PPS 2.0 almost daily and it generally works very well. For epoxy, base and clear, a 125 micron strainer is perfect for both solvent and water based paints. The 200 would be good for things like heavy surfacers and hi-builds. Clean-up is very easy and uses little solvent when you get your routine down.
Unfortunately, there are a few quirks I don't like in the 2.0 design over the 1.0. The worst is the increased fluid volume between the filter screen and the gun (3m touts this as a good thing BTW). Basically, if you leave the cap screens in place, there will always be about 2 oz of paint in the cup & gun you simply cant get to feed because the liner pastes itself against the screen and causes the gun (ANY gun) to sputter like you've run out of paint. My work around for that is to rip every screen out of the caps and strain everything going into the cups the old fashioned way. This way, when the gun quits feeding, you absolutely KNOW you're out of paint.
Secondly, and more minor, is the 2.0 cups are larger diameter than most of the old 1.0 cups. This isn't a big deal but it gets a little tricky when you're using a mini gun to get into tricky, tight places like engine bay corners, etc without bumping the cup into wet surfaces. Finally, they cost too damned much IMO. Always have. All that into consideration, I'm kinda "married" to the system and couldn't imagine doing without it. SO much better than a standard gravity cup or siphon gun.