You need to USB load newlink_usb_v12.rom. Put it on a usb flash drive and plug it into your receiver. Then go to the software update and run it like you are updating a bin. DO NOT REBOOT!
Turn your receiver off from the switch on the back.
Unhook your ihub.
Then turn on the receiver and flash it with bin (417 Elite), (514 HD8000), (420 Premier). When it asks to reboot, turn off with the back switch again. Hook up your ihub. At this point it is a NewLink at version 1.2
Turn the receiver on. You can now open wiznet on your PC and flash with the ihub 2.2 bin.