Problems with Serial Programming

Anyone else have any experiance with the CP2102 chipset adaptors with the arduino IDE??

Yes, lots of people have problems getting it to work out.

Most of those adapters have a pin called "RESET" which has nothing to do with resetting the Arduino. You have to find a via on the breakout board that is connected to the DTR pin of the CP2102 and carefully solder a wire to it. Or, manually reset your arduino when programming.