HI Bachus

It does indeed run Windows 8, and the screen is multi-touch so that you can use it just like a tablet. (No need to buy a separate iPad/Tablet)

You are correct about the frequency of the updates.

The main hardware change between V1 & V2 was that the power supply was bought on-board, rather than a separate power block, (There were also a few minor alterations to the other hardware) however all the updates operate exactly the same. (You can go from basic V1 to the latest V2 R03 by just downloading the latest software and loading it in)

Bill