1) If V+ is faulty - they will replace with V+.
2) You could upgrade or switch to a "collection"
https://my.virginmedia.com/customer-...llections.html (don't understand the 5.00 but not important).
3) At moment only for F1 (on Sky) - but extras supposedly "coming soon"
Until updates are made, in effect you would lose Red Button and Reminders but gain Suggestions and extra disk space.