I did this on an older 32G class 8 SD Card today so I can test the new default V2.0 without deleting my existing card. It seemed to work just fine although I did FAT32 reformat first.
The problem I have is the new default V2.0 no longer supports stop during pause by pressing/holding the main pedal. This must be a bug as I use this feature constantly when practicing or jamming and cant live without it now.
Any tips would be appreciated but looks like I tried default V2.0 too soon.