The cut is totally different and the inserts are made of different things. In the v2 the cut is much slimmer and one of the inserts is bamboo and the booster is micro terry. The v1 was BIG and both inserts were micro terry. The v2 also comes in minky prints. I hated the v1 but love the v2.
Thanks Caroline. I have bought both (preloved) and didn't know the difference until they turned up in the post. It's interesting what you say... I like the shape of the v1 and my current thinking is that the inserts in the v2 (narrower) are a bit too slim. But I've only had them for a week so we'll see if my views change with further use.