You'll still need the 0800 firmware to dump games ;p
X360 USB Pro V2 only connects and powers the drive.
Just wanted to say that you can dump games from any drive with the X360USB Pro v2. No firmware flash needed, just plug in and play.
BONUS "SECRET" FEATURE
As many followers know, production has been delayed since the end of 2011 as Xecuter were working on a new killer feature that would seal the deal for the X360USB PRO v2 as being the absolute ultimate in 360 DVD/HDD connectivity and data conversion/transfer.
As of March 2012, success was achieved in giving the X360USB PRO v2 a truly awesome feature. You are now able to connect any stock 360 DVD Drive to your computer using the X360USB PRO v2 via USB and it will instantly give it a drive letter in Windows! No custom firmware required, no 0800 firmware required, ANY stock 360 Drive can be used to rip and protect your originals using a new upcoming version of XBC with a fully optimized profile giving total support for XGD3 with the data throughput supporting the maximum possible bus speed using ANY stock 360 DVD Drive model (That’s all Phat and all Slim models – including the Hitachi 0500 !).