@RandyAndy - looking at purchasing some of these. Can I ask why you returned ? 
and did you find out the v1/2 differences in the end?

Hello, is there an estimate of when v2.0 of the C325WB will be available to order in the US? I'd love to pick up a handful of these cameras, and it's very important to me that they work with PoE out of the box (without a splitter required). Thanks!

I think the most obvious difference is that Tapo C325WB V2 supports powered by ethernet cable (802.3 af/at PoE technology).

Do you have a source for that?

Edit: OK I just noticed it in the description on the product website, after I select v2.

  @Mickos 

Initially I was going to (reluctantly) have kept the cameras, mainly because I was impressed by the colour night vision. However, later I learnt about the Reolink CX410 and I started to compare. Neither camera is perfect so I had to settle for the "least bad" one. Reasons for returning:

Cons:

• Main reason: No native PoE support (main reason)
• Second main reason: TP-Link retails this product as if it was a single product, when in fact there are v1 and v2 variants which are significantly different, but no retailer mentions this, and I blame TP-Link for it, becasue they deliberately use the same product name for two different products. This is a sh*tty business practice that seeks to decive customers into buying remaining v1 stock at v2 prices. The reality is that nobody wants a v1 if they know there is already a v2 on the market. Only people who don't know any better will keep the old version, not knowing there is a better model. What Tapo should do is sell the v1 model cheaper and make it clear that it doesn't have PoE (as well as any other differences), or better, instead of C325WB v2 call it C326WB so it's obvious it's a different product. So now, if I want a v2, what do I do? Do I keep buying and returning on Amazon until I get lucky? Sorry but TP-Link you are lying to your customers and for that alone you do not deserve my business.
• Expensive compared with Reolink CX410.
• Need PoE splitters which further add to cost and occupy valuable space in an already crammed junction box.
• Plastic shell makes the camera feel lika a cheap toy next to the cast alunium and steel Reolink CX410, which overall feels like a more robust product and, despite being made of metal, it's actually cheaper.
• Tapo camera lacks a rain shield or sun shield (the bit that extends over the top like a baseball cap visor), and the front it curved and convex. This means water will be be dripping down the front of the camera when it rains, triggering false detections and interfering with the quality of the recorded footage. Adding a DIY rain shield is difficutl because the camera is shaped like a bean. The Reolink CX410, while still lacking a rain shield, it has a rim tha protrudes slightly forward which should do a better job at preventing water from dripping down the front. In addition, the CX410 is cylindrical, which makes it much easier to attach a rectangular piece of plastic over the top and hold it with cable ties to create a makeshift rain shield.
• Cannot detach antennas (I am using mine wired).
• No native NVR solution. I know third-party NVRs in theory can be configured to work with any camera that supports ONVIF or RTSP (which Tapo cameras do) but I wanted something that's beginner friendly, since the people who are going to be using the system are not tech savvy).
• Cameras can record to on-board microSD card, but the card needs to be replaced every few months. From a maintenance perspective this is impractical as some of the cameras were going to be installed high up so replacing the cards is simply not convenient.
• Cannot detach antennas (I am using mine wired).
• Tapo app has manny annoyances and niggling issues, although so does the Reolink app, apparently. Since the people using the system have no expectations on the software side, as long as mobile notifications arrived promptly this point can be ignored.

Pros:

• Main advantage: Superb integration with other IoT devices from the Tapo line, which was also very important to me, but I can use Home Assistant for that. Reolink only makes cameras so it's just that, a surveillance system, and there is no way to set off a smart plug or a smart bulb when a detection occurs.
• Massive wide FOV (the CX410 only 89° which is a little narrow).
• Better detection options than Reolink CX410, for example, trip line detection (Reolink only offers very basic detection options).

Right now the thing I will miss the most will be integration with other Tapo smart devices. However, I will eventually get set up a Home Assistant box and then I will have the best of both worlds. I have already purchased the Reolink NVR and I'm ordering the cameras next Monday.