While I was updating the Gypsy, I got a "missing fonts" message. Although my G showed that the latest updates were installed, when I clicked on the newest carts, my Gypsy returned to the start-up screen. After reading the message boards, I discovered quite a few gals had this problem. It's solved by reopening Cricut Sync, reconnecting the G to the computer and turning it on. Click, "don't update now" so you can get to the Help menu. Click "yes" to the next three questions and Sync will reinstall all Gypsy content. It took a little over an hour. When I clicked out of Sync, disconnected the G, turned it off and then back on, it all worked. All new carts (from the E2 and Hello Thursday) were listed and could be brought up on the screen. Yay!!!
I made a practice cut with the Gypsy connected to the E2. I used Mini Monograms and it cut just fine. I've read that the pre-installed carts, although they show up on the Gyspy, can't be cut from the G yet. There's no way to show your G that you own those carts so they're listed in red. A future Gypsy update will solve this problem. I'm sure it has something to do with having your E2 registered, so be sure to do that right away.
Hugs and Happy Crafting,