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That did the trick for me, although the most I'e gotten out of it so far has been to move the taskbar to the other monitor. Good enough for now but there definetly needs to be more customization of the panel.

I was also looking for a way to move the new panel as I have two monitors and would like the panel on the second one. However, whenever I changed they settings in plasma-appletsrc and restart KDE they are all reset to their (apparent) defaults. Anyone know whats going on?