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it can flash the new X2 5035 bios for you but i do not suggest anyone flash a lite with this bios as it's safer if you can flick the bank switch and recover.
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Doesn't the lite only have one 512k bank regardless of what bios is going on?
Yes it does but what Hack is saying is its safer on a duox 2 with the extra bank. he is not saying there is a switch on the lite version, just warning that using this bios on a lite and run into problems and there is no recovery other than hotswap, thats why he said he did not suggest flashing with that bios