I haven't noticed too much of a difference between 1/2 and 2/4. Just keep playing ABC poker, and they'll keep paying you off.
I'm just starting to take shots at 3/6 myself, and haven't played 5/10 yet, so can't speak to the differences there.
Here's a hand I picked at random from a couple nights ago that shows what kinds of hands they'll pay you off with (no converters for this site) -
GAME #436612917: Texas Hold'em Limit $2/$4 2006-09-25 02:35:50
Table Celtic Manor (6 max)
Seat 1: honeyboy629 ($63.50 in chips)
Seat 5: yanpeng ($76.00 in chips) DEALER
Seat 6: lineker5 ($136.50 in chips)
Seat 8: snj4eva27 ($70.75 in chips)
Seat 10: stickdude90 ($275.00 in chips)
lineker5: Post SB $1.00
snj4eva27: Post BB $2.00
*** HOLE CARDS ***
Dealt to stickdude90 [[Qs]
]
Dealt to snj4eva27 [[As]
]
stickdude90: Raise $4.00
honeyboy629: Fold
yanpeng: Fold
lineker5: Fold
snj4eva27: Call $2.00
*** FLOP *** [[Qh]
]
snj4eva27: Bet $2.00
stickdude90: Call $2.00
*** TURN *** [[5c]]
snj4eva27: Bet $4.00
stickdude90: Raise $8.00
snj4eva27: Call $4.00
*** RIVER *** [[3d]]
snj4eva27: Bet $4.00
stickdude90: Call $4.00
*** SUMMARY ***
Total pot $35.50 Rake $1.50
stickdude90: wins $35.50