I have the older version, from what I've seen the new one really doesn't bring anything significant to the table that old one didn't. I'm not a fan of the blade grinding attachment for knives you want to put a keen edge on, but great for axes, etc. They need to come up with a design that allows you to use the "shelf" as a rest to guide the knife blade while sharpening, not just as a reference point you then have to freehand. Even in their own videos you can see how much they vary the blade angle while sharpening. Definitely practice on some cheap junk kitchen knives first, it's really easy to hog off way too much material or round off tips when you start.
If I was buying a new one I'd probably buy the mk2 of course, it has a few nice additions like detent selectable angles, and I could see where the digital speed settings could be handy.
Where these shine is speed, you can get a pretty good edge, really fast and if you want to hog off material to set a new angle on a blade it's easy/fast. However, I get sharper more consistent edges on manual angle guide systems. There are some inherently downsides to their setup. For example when you switch sides, the direction of the belt to the blade edge reverses, also if you pay attention to the belt flex, one side gets more flex than the other (probably due to leverage on the tensioner). Also because of the belt flex these make "apple seed" convex grind edges that are thicker behind the edge which is good for durability but hurt slicing ability some. The other annoyance I've found over the years is once you have a groove in the little black spacer the edge rides on, if you make a large angle adjustment for a different knife, you end up fighting the guide. I now rotate that "roller" shelf out of the way now on almost every knife. It seems to do better with blades that do not have a lot of "belly" at least for me, my guess is it's harder to maintain the angle if you have to rotate the knife upward a lot, or if you decide not to rotate the knife upward, the angle the belt takes on the belly of the blade to the tip changes drastically.
I don't use it for pocket/hunting knives anymore, I really only use it for quickly sharpening really dull abused kitchen knives, or setting a new blade angle on a new/abused knife. I'll get them 90% of the way there, and finish on a spyderco sharpmaker and maintain using that. That way I really only have to use the ken onion about twice a year. If I want something really sharp, I'll dust off the wicked edge.