I doubt if there is any version that everybody hates. In fact I doubt that there is any version that doesn't have someone somewhere loudly insisting it's the best. I think we are comparing levels of excellence here. All Summis are excellent; some are more excellent than others. One could also say "All Summis are horribly expensive; some are more horribly expensive than others." The CV line of lenses tends to show that both of these characteristics don't necessarily go together.
It is quite confusing, but maybe there is nothing to dwell on since all rigid Summicrons are excellent lenses. So "Version II Rigid Summicron" may be the same as "Version III Summicron". There may exist some transition lenses, but if nobody has written on such a rare lens version, then we would not know either here.
As mentioned above by me and another poster, there is a rare version of the 6 element Summicron v3 ("rigid II"/11817) with "rigid I" (knurled) focusing mount. This is documented with pictures in Lager [1], and I seem to remember one being in the classifieds years ago.
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