A full list of all versions is on the Wiki Here (Click) - it all depends what version of the standard firmware you've got as the CF is written to overlay on top of a standard.
It's up to you. The latest version (if you have the beta version of the Humax firmware v1.02.27) is v2.1. If you have the latest official Humax firmware of 1.02.20, then custom f/w 2.00.
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