Yes but be careful. I updated mine to v3 and there are two major problems that have totally idled by units as a result:
1) dual mining (sha256 + scrypt) is gone, it is 100% scrypt now
2) they v3 firmware seems to be very picky about which pools it works with. I can tell you that multipool.us and wemineall.com do NOT WORK. I need to find a new pool to test it but for now I am down.