Hi Mike,
1. input signal level accepted from 200mV to 4V which means your iPod, PC/Notebook average audio card, pre-amp, etc.
2. the analyzer is stand-alone, it needs just power & audio signal
3. the microcontroller is pre-programmed in both assembled and unassembled versions (unassembled version does not receive warranty)
4. I'm attaching some pictures of V2 in this post. More pictures on their way and a new youtube HD video. I just need to get some time to edit it before uploading.
I already have a new video on youtube about the assembly process of V2:
http://www.youtube.com/watch?v=3R-xmB1YDqUI'm also attaching the user guide for V2 where you can find more info.
Let me know if there's anything else you would like to know about the spectrum analyzer.
Florin