We have been waiting for the stable version of VirtueMart 2.0 for Joomla 1.7
The VM team has already released the stable version of the store component, so it's ready to use now.

Staring with JM-Eco-Cosmetics-Store we are going to convert most of our store releases to the latest Joomla & VM versions, as well as create new designs for VirtueMart component.