So... There's no disadvantage, I believe, benefits only - new FW is always better than the older one, there's no doubt. If you use any "monster pack" all T-Mobile stuff (and entirely everything including address book, data, music etc.) will be overwritten. So - there will be no need to "unlock" the phone. Currently there's no application similar to the ones for older Motorola phones - V8 uses the new JAVA-Linux platform, that's why.
How to backup your phone? Just try using the Motorola Phone Tools, backup your address book and all the things you need. But only if you use the monster pack. The reflash includes FW ONLY - it means it won't change address book, your files, T-Mobile customisation, simply nothing but the FW. That's the entire difference. Actually the thing is thas as far as I know there's no monster pack for 2GB V8 (well... there is THIS ONE but customised).



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