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Is this new firmaware(R48VS0D) any good ?, it is smaller in file size than the two previous ones. Anyone try any diagnostic tests so far ???

I haven't heard anything bad about VS0D. The reason that the filesize is smaller is that it uses the new Windows Flasher that has a lit of "empty space" that can be used for storing more/bigger firmwares which compresses very nicely in Winzip. If you compare the uncompressed old flasher with the uncompressed new flasher you'll notice that the new flasher is actually larger.