Caption is not remove when next image doesn't have it.
Try this code:
<a href="http://farm2.static.flickr.com/1036/1092054380_6040129664_d.jpg" class="lightbox-2" rel="flowers" title="Photo by Warren Krewenki"> <img src="http://farm2.static.flickr.com/1036/1092054380_6040129664_t_d.jpg" height="40" alt="" /></a>
<a href="http://farm2.static.flickr.com/1257/1092054504_0857149719_d.jpg" class="lightbox-2" rel="flowers" title=""> <img src="http://farm2.static.flickr.com/1257/1092054504_0857149719_t_d.jpg" height="40" alt="" /></a>
The second image has blank title. But when you click on the first image then on next button the caption will be "Photo by Warren Krewenki" and not blank.
I think this was fixed by commit f160ab33b7... We experienced the same problem when using original version 0.5.