I just received a v1 2 cam kit which included the Homebase 1 and to me it is no contest, the HB 2 was a significant downgrade. Most of the users who have been here a while already know this, but the HB 1 has a micro sd card slot so you can add up to 128 GB of space vs the HB2’s built-in 16 GB. The HB 1 also has a battery backup which is missing on the HB 2. The HB 1 has a special usb port for quick charging the cameras, which the HB 2 does not have. The HB 1 has a button on top it to silence alarms, which might not be everyone’s cup of tea but worth mentioning. There could be more, but that’s off the top of my head.
No contest to me. I removed the HB 2 from my setup and ordered another 128 GB micro sd card.