I am very interested in knowing this as well! Please let me know if any of you have gotten this update and also have the Gear 1. I'd like to know if it's any easier re-connecting the Gear 1 after using the Gear 2. It sometimes takes over an hour to get my Gear 1 connected again, and even then, I'll find that some of the settings in GM are lost for the Gear 1.
Do tell...