Justin, mine is the same as yours and I bought it the same time period. No V2 at the QR code; but V2 stamped on the ESC itself. I did do the IMU recalibration and compass calibration like Frank mentioned. Anyway, my Phantom has been flying good after about 4 battery flights. No heat or smoke. But its winter up here in CT now so the heat issue may not show up until summer time.