From what I can see there are various bugs in beta2:

When setting offset to 0,0 (=no offset) and checking "Repeat edge pixels" the whole image will have one colour (wrong).
Expected: Image should be displayed without any change and offset.

The edge pixels aren't repeated properly. To reproduce:
1. Check "Repeat edge pixels"
2. Set horizontal offset = 0
3. Move the image vertically by playing around with the vertical offset.
--> You will see that the edge pixels are repeated but the larger the vertical offset the less edge pixels are repeated (instead the fixed colour is used).

When checking "Wrap around" and using horizontal offset = 0 and vertical offset ~ minus 50% of the image height, the image isn't wrapped properly. Instead, parts of the image can be seen twice. Please note that wrapping works fine when using a vertical offset which is downwords (positive).

This bug has been mentioned in the User design post. XnView's coordinate system starts in the bottom-left corner with 0,0 and the more you move to the left/up, the higher the positive coordinates are (you can try this by opening an image and watching the coordinates of the mouse cursor in the status bar.). In the offset dialog, down has positive values and up has negative values which is just the opposite of XnView's coordinate system.