When does the new version of this come out? I may be better off just waiting until then to get the new one.
Soon, probably a few months. All it does is move the components around so it will work on certain console without needing to hack off the locking tab. It also adds RAM for possible homebrew game use and works with Populous (which requires RAM). It will not work with Arcade cards. If you already have Populous and don't care for homemade games, just get the current one. Or better yet, wait a few months, used first gen TED will show up cheap.
I am considering to buy one of these everdrives for my Duo. It just seems like a really great idea to have all the games on one cartridge.
Is this the first instance that people are aware of getting a bad everdrive card? Do these cards fail easily?
I am mostly just curious before I decide to buy one or not.
Rarely fails if you handle it with care. ie don't drop it, don't spill beer on it, etc. There are 3D printed cover to protect the electronics for those who don't have a Duo with cart slot cover, the cover will probably not fit the next version.