I had two of those cards.
Didn't work with my specific configuration so I sold them off, but otherwise they're great in an A2000. Yes, video ram will never show in the title bar. There are a few commodities that will add it there though, if you hunt around. Also if you have all the PII software there should be a utility that checks your card to ensure it's working correctly (and confirm if you have the 1MB or 2MB model, etc.).
BTW, have you seen this? It's what I use:
http://lilliput.amiga-projects.net/Picasso96.htm
