If it has the pause in the middle of ramping, it’s the v1. No pause, just smoooooth ramping, it’s the v2.
I still use the v1, albeit in stepped mode.
Get the v2, keep the box and everything nice’n’pretty, then sell/give the v1 to someone. 
Especially newbs would just appreciate the kick-ass bright light, and not care about things like that.
Hey guys, Sofirn is working on both a new light in the style of the L6/S70s as well as a new UI.
If you have suggestions on the UI or want to voice your opinion on what is currently suggested, check out this thread.
It has the pause.
Selling it would be fine, but I don’t know personally anyone who would be interested. If I did, I would have already tried to sell the Wowtac A3s. Maybe I’ll put them on 5Miles. But I don’t want another of these Sofirns if the moonlight mode is still in the regular rotation. The Thorfire UI makes better sense to me; it goes to ML with a long press from off. If not for the switch acting up on the TK15, I’d be happy with that one. At least now I know some things to look out for in the future.
Sofirn is working on a new UI. Right now it looks like they are willing to remove the moonlight level from the rotation and have it accessible only from off with a 1 second press and hold.
The newer ramp speed is about 4 seconds and smoother. They wanted to include turbo in the normal cycle, but I’m trying to tell them to leave it out. Keep turbo with a double click.
So the new UI has 5 levels. Moonlight and turbo are hidden. It cycles low, med, high, low, med, high. I also would like a single click on and off. You press and hold the button to go through the 3 brightness levels.
Anyway, this doesn’t help you right now, sorry.
That would be great! Maybe they’ll let me trade mine in (I’m not going to hold my breath on that).
That essentially describes the UI in my Olight, sans the ramping mode:
L-M-H in normal rotation, hold to cycle. Single-click on/off.
ML = when off, long press to on.
Turbo = double click from any state.
Strobe = triple click from any state.
ML is memorized. Turbo is stepped down to H in memory. Strobe isn’t memorized at all.
It works well, isn’t complicated, and the “special” modes come into play only when called upon.
IMO, ideal for a single-switch, general purpose light, with no need to reinvent the wheel like some try to do.
At some point during the SP32A production run, the firmware was quietly updated with improved ramping speed. An unofficial “v1.1” if you will, not v2.0, which is an official new model.
Continuous improvement is fine, and welcome, but the manner in which some of these companies (fail to) document changes and market their products does no favors to consumers. I get that these are small entrepreneurial enterprises where labor of love plays a big role, but that doesn’t preclude a considered and consistent approach to the marketing as well.
AFAICT, there have been four versions of the SP32 thus far:
SP32 - the original. An evolution of the SP31 as a new model, with single side-switch.
SP32A - new model with ramping mode; lower modes slightly adjusted, higher modes significantly bumped up
SP32A “1.1” - “later production batches” with quiet running update for improved ramping speed
SP32A v2.0 - new model, with power indicator, temp regulation, mode adjustments, and other minor changes.
Given the notable changes in the v2.0, I don’t know why they abandoned the previous practice, and just iterate the suffix, and call it the SP32B, instead of the less elegant and confusing addition of yet another suffix. Or maybe it could have gone down the other path and just been the SP32 v3 or v4 to begin with. 
Which Olight do you have?
I agree. They should stop calling it SP32A. During this time of changing the functions, how is the buyer to know which he/she is getting? Businesses could keep selling old stock for awhile.
I don’t have any Olights, but it sounds like we both have a good idea.
Has anyone received and reviewed the Sofirn SP32A v2.0 already?
Yes.
It is talked about here.
It’s not a full review, but just talked about and described.
An S30RII.
I ordered the v2.0 to act as a “beater” version of this light. Something I won’t worry about losing, or having disappear; a throw-in-the-bag kind of thing. The mode spacing is very similar, with slightly higher levels.
I like and don’t regret the Olight, but I can get three Sofirns for what I paid for it, on sale.
How did you know you were getting V.2.0? Was it advertised like that?
In the Sofirn AliExpress store, the SP32A and SP32A v2.0 are listed as different items (and different prices).
Now the SP32A ‘v1.1’ (faster ramping) — it’s not mentioned, but since I ordered SP32A around Feb 2018, and another time around April or May 2018, the earlier SP32A I got has the very slow ramping (about 8 seconds from low to high) whereas the newer SP32A was faster ramping (about 4 seconds; although still ‘linear’).
I’ve also ordered the SP32A v2.0, still waiting for it to arrive… as it’s said to have logarithmic ramping (smoother visual brightness).
I think they said closer to logarithmic ramping. It’s still not smooth like narsil, but it’s much better than the first version.