I don't think any software update can fix what's wrong with this pedal. I did update it to the most recent software the day the pedal arrived. There doesn't seem to be any way to adjust any of the pedal's parameters via it's software. The software only SAVES presets. It makes NO SENSE to have the delay times on a pedal this expensive to be SO inflexible! I guess R&D decided "You can have any delay time setting you want, as long as it's IN the pedal's limited available time presets." Gee, SD: thanks for very little. And thanks for 1) not making this giant limitation apparent in the brochures, and, 2) charging me almost 3 bones. In this economy, when so many other options exist out there.
Another thing (as if all this isn't enough): Since originally posting this, I've also found that there are "missing" time settings. For instance, you can set the pedal time to 94ms, 95ms, 96ms, but NOT 97ms. It skips to 98ms. This is common across the board on all of the "time" settings. So, FORGET setting this to a song's tempo/groove. Keeping this pedal means rearranging ALL of your songs/material to fit the limitations this pedal is capable of. The fact SD didn't make this QUITE CLEAR in the advertising copy is downright MADDENING. Especially for the money involved. Now... Had I spent $60 on this pedal, had it been one of those plastic Amazon "Chinese door stop" pedals, then, yeah, sure: I get it. But for a $280 Seymour Duncan pedal??? It's downright Unforgivable. This is going back on ebay this weekend. Lesson learned.