In this version a new thing is i add Read more button or Continue reading button.i saw most users use replacement method with perfect blog style forum update.but it is easyly can be add on Perfect blog based update v1.it is no need more work copy the script and on your site. 
what need?
to apply this version you need to success in v1.it will answer how to do.
Replace the jquery script from v1 by this.
Code:
<div id="load2" style="display: none;"></div>
<script language="javascript">
function tload(l,j){
$('#load2').load(l+' body',function(tdata){
tdata=$(tdata).find('.eachmsg').first().html();
tdata=tdata.split('<article>')[1].split('</article>')[0]; tdata=tdata.replace(/\[img\](.+?)\[\/img\]/ig,''); tdata=tdata.replace(/(\r\n|\n|\r)/gm," "); tdata=tdata.replace(/<br \/>/ig,' '); tdata=tdata.replace(/\[url\](.+?)\[\/url\]/ig,'$1'); tdata=tdata.replace(/\<b\>(.+?)\<\/b\>/ig,'$1'); tdata=tdata.replace(/\[php\](.+?)\[\/php\]/ig,'');
tdata=tdata.substr(0,100); $('div[name=ftext]:eq('+j+')').html(tdata+'... <div style="display: block;" align="right"> <a href="'+l+'"><span class="more">Read more</span></a></div>');
})
}
cou = document.getElementsByName('fix').length;
for(j=0;j<cou;j++){
h = $('div[name=fix]:eq('+j+')').find('a').attr('href');
tload(h,j);
}
</script>CSS for button
if you want to decorate button put this style on head tag for fast and better effect.
Code:
<style type="text/css">
.more
{ background: #62c784;
color: white;
padding: 4px;
border: 1px #00a764 solid; }
</style>if you want only text not button you can ignor the above css
if you have any question comment here
Thank you.