VCValiant,<br /><br />The new transponder and a change in UBI's encryption are unrelated.<br /><br />If you want to watch UBI now it would be best to get an MDS IRD (most ex-TARBS subscribers should still have it) now and subscribe. All paying subscribers will get a free upgrade to the new UBI IRD when they are released.<br /><br />So if you wish to wait for the new UBI IRD then wait but if you want to watch now it's best to subscribe with the MDS IRD.