The pdf2latex tool doesn't generate the target for internal hyperlink targets.
Attached a file showing the bug. Render with "rst2latex.py < no-target.txt > no-target.tex && pdflatex no-target.tex". Clicking on the link on page 3 you are redirected at the top of file instead of page 2.
The command "grep 'page-2' no-target.tex" shows there is a "\href" but no matching "\hypertarget"
pdf2newlatex works correctly.
Tested with ver. 0.4 and current snapthot.
Thank you very much,