I installed the F700 about 5 months ago in a 2006 Vibe. The unit came with the 2.0 update and the only mod I have done to it was the parking brake bypass. I did the hardware bypass. I really like this unit. I have very little bad to say. I have a ipod hooked up and I use a motoV3 phone. The ipod has only given me 1 problem, and that was the ipod locking up. I had to do a reset on the ipod and all has been fine since. I do find the maps on the GPS to be outdated compared to a year older TomTom, yet they should have a new map update out soon.
As for the phone I transferred all my contacts at once and it worked great. Also the voice calling works great. I did have a moto hands free in the car before I bought this unit and all the people I have talked to say I now sound clearer then before.
As for startup time if I have the radio or ipod on when I turned the car off I get music in about 10 seconds, the GPS is up in about 30 to 45 seconds, the blue tooth is up yet not ready to work in about 1 min. If I wait to make a call after about 1.5 to 2 minuets all works great. So i find the startup time to be OK.
For the money I have no problems with this unit so I would say go for it.
Dave Z