If everything has setup properly then you should be able to sync and it will automatically update to the current firmware (3.0.1 is current for the Touch). Don't plug the ereader into the computer, just sync via wifi.
If you need to do a factory reset in the future you can do the whole setup via wifi without connecting to the Kobo desktop software. In fact it is easier and probably more reliable to setup via wifi and avoid the desktop software altogether.
Edit: Sorry, I learned now that older devices may not have the ability to setup via wifi.
Last edited by GeoffR; 01-24-2014 at 03:35 AM.
Reason: older devices may not have ability to set up via wifi
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