Greg I do not have a v2, but the software for the AT5555n, dx5000 plus, and the v1 955 is all basically the same. The only thing to adjust are the channel programming on the various bands and items like roger beep, NR, etc that you can toggle off/on for individual channels. My DX 5000 was doing the exact same thing at first when reading from the radio. After speaking with Scott he said others had as well and told me to write to the radio first. I did and no issues since. it seems to me unless something is very different, all you would loose would be no different than resetting from the panel