I checked my TED and it's a version 2.2. I'm good to go!
Sorry if I missed it, but I didn't see anyone answer if the neoflash is safe or not.
Also, I didn't see an answer to just what is ruined. It's all well and good to say systems are being "killed", but there's a big difference between a system with a melted pcb and all its components and one where a $3 voltage regulator dies after 5 years of heavy flashcart use or a system that needs new caps after 10 years instead of them lasting 30 years. I'm not saying it's okay to build shit wrong, of course, but some consequences are a lot more worrisome than others.