Yes. It uses regular MIDI transmissions rates which are pretty slow by modern I/O standards.
Axe Edit should be good for updates, no? It worked for me.
+1. No issues whatsoever loading this update or 8.01a with AE. It also took less than two minutes total using AE and my iMac. 8.01a loaded just as fast.Yes. It'll work fine to send in the firmware update.