OK, so further testing results in a successful tweak - under Global Settings, if I change the PCI-DSS settings to "force HTTPS on CBSubs forms" the payment screen appears. So, something broke in this upgrade regarding http/https. I'm happy to keep this here, although my bank does not require this setting since we don't store any CC info on the site. However, this should be investigated since it used to work, and no longer does under 1.2.2.