No - for both questions.

Software upgrades for all Wizard platform products (Finalizer, M2k, G-Force etc., essentially anything with a PCMCIA slot except the 6000) are achieved through the use of a PCMCIA card.

Although you can purchase a PCMCIA card it's not required. Any TC dealer should be able to update the unit for you and you can borrow upgrade cards from TC. Buying a card is a good option, however, because it offers the user an easy way to take ones presets from session to session.