I purchased an iOmega USB2-DVI adapter yesterday, installed Lion yesterday morning. Used the 1.7b2 drivers, and they didn't work - the OS recognized the device but nothing displayed on the monitor (or a message, sleep mode, depending on the monitor).
After various tries, I removed Air Display (that lets me use an iPad as an external display) as it's similar functionality and I suspected it might be conflicting. Didn't help, but after re-installing the 1.7b2 drivers, the monitor began working.
Maybe this is useful to someone else?
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