This was the first (duh) version introduced some 2.5ish years ago. It's what got the Webnotebook as a known quantity in the US, but the paper was a bit lacking for the fountain pen community.
The most distinguishing factor of this version is its paper was 80g, which in and of itself is not the problem, it's that it bled through the back of the sheet. The paper was not made by Clairefontaine. Other than that, the journal was great. But paper is what matters first and foremost for fountain pen users. The people spoke, and Exaclair (the sole US distributor of Rhodia products) changed the paper in the US versions of the Webnotebook to create version 2.0. All journals outside the US remained as version 1.0.
Everything stayed the same (cover, ribbon marker, back pocket, etc) except version 2.0 had smoother, much more ink resistant paper with 90g thickness. This paper is made by Clairefontaine in France:
This is the newest and latest version. The logo was removed from the pages, and the binding was improved. Also, this version was moved from being a US-only journal to being distributed worldwide. So though we have three US versions, the rest of the world has only seen two (version 1.0 and 3.0). They are now all made in France.
The version 3.0 is now a fantastic journal, and is available in both ruled and blank (new, only available in 3.0 version), in two sizes with a choice of orange or black covers.
How to tell what version you have:
It's easy, just look at the back. Chances are you don't have a version 1.0 anywhere in sight. They haven't been made in probably two years, but if you happen to see a Webnotebook with 80g paper, that's the 1.0.
More likely, you are going to find yourself questioning if the Webbie you have (or want to buy) is a 2.0 or 3.0. There are two easy, yet subtle ways to tell the difference if you know what you're looking for. Obviously you can tell if you open the notebook and see a logo or not on the page, but let's assume it's wrapped and you can't open it without buying it. Here's how to tell:
1) Look at the back of the label, and see the text written about the paper specifications that's located just above the barcode. Since the 3.0s are made in France, there's a lot of French text on it. On left is 2.0, on the right is 3.0:
I hope this helps to clarify a little bit what all of the 'version' talk means for the Webnotebooks. At GouletPens.com we do distinguish our version 2.0 and 3.0 Webnotebooks so you will know which ones you're buying without having to ask, but you'll likely have to ask other retail outlets unless they have proactively sought out to distinguish the different versions. At least now you know what you need to ask!
Even though it's been months now that the 3.0s have been made, there is still a stock of 2.0s out there that need to 'clear out' before everything is exclusively 3.0s. Until then, be vigilant!