Ray, you're right. Now I'm embarrassed. I played around with the options some more and it provides all of those features.
I'm using PayPal Standard. One issue I had with the earlier store and it still seems to be a problem is that if I buy an item from the store confirming the order but never making payment on PayPal (closed the browser at the PayPal site before paying) it still looks like I made a purchase on the store site. Am I overlooking something again? The IPN should be required to confirm the purchase was paid for.