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You were not wrong! I just got an email from wiggle saying the old bolt is not coming back in stock, and an email from Condor announcing the new one almost at the exact same time!
Wahoo have said they cant repair my unit, the best they can do is give me 20% off a new unit. Crappy response, but I'm tempted to use that on the new version to get the colour screen and faster processor.
Looks like there's an updated Wahoo Bolt in the pipeline (close to release in a few weeks probably) with colour screen and faster processor.