Here are the specs from my V1
V1 Description: Radar circuitry known in-house as V1.7 gives good performance on all radar bands. Also, it remembers your "mode" setting when shut off. Laser warning is front-only.
Upgrade Recommendation: This version is not quite up to today's V1 standard for Ka, though it's always better than detectors from other makers. X and K performance is excellent. But the many improvements made since this V1 was new tip the balance in favor of upgrading. Crystal-controlled frequency tuning of later V1's safeguards coverage at the edges of the radar band. Plus you'll get our latest laser warning (front and rear), which outperforms the competitors by a wide margin, LEDs for band identification, and POP Protection. Also, you'll get the Euro Mode, Traffic Monitor Filter to eliminate K-band false alarms caused by SpeedInfo, a traffic-flow monitoring system that sends frequent K-band radar bursts into the traffic stream, and ESP (Extended Serial Protocol).
I wanted to know if I should upgrade for or wait? By wait I mean I would hate to do this upgrade if they are releasing a new version of the unit? Anyone know if they plan to redesign the unit anytime soon?