If you happen to update to the future B&N firmware from the softrooted 1.2, you will need to revert to 1.0 to apply the future softrooted update.
However if you applied the newer (released on Feb 8th at 12:00PM PST) softrooted 1.2 image and did not apply the earlier softrooted 1.2 image, you will not need to downgrade to 1.0 to apply the future softrooted update.
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