The 'downtime' is about two weeks. Jon Ver Halen / Refined Audio will send a box for the V1 drivers to be shipped to him; he replaces the front of the driver and ships the now V2 driver back to you with a sticker labelling it as V2 and additional stickers for the owner to place on the outside (e.g. by the binding posts) of each speaker to signify the speakers are V2s.
@david_ten thanks for the details. I did not enquire about the downtime since I wanted to get his opinions on the v2 before upgrading and he was still expecting the shipment of the assembly. The 2 weeks downtime seems a lot, especially if you don’t have a back up speaker and you listen almost everyday. I can’t seem to think I will be out of music for 2 weeks. Cube should have figured a better plan :-)