Haven't updated the firmware since i bough it (2.01.05)

[mosbricka]

Easiest way is to have the hub connected to internet and update it that way. If it’s offline just go to:  http://www.wdc.com/wdproducts/updates/?family=wdfwdtv_livehub

scroll down to “How to Install the Product Update:” and follow the instructions.

Good luck!