No, sorry for the misunderstanding.
In response to some of the other posts, the Kickstarter effort is done and I don't imagine that TGC means to take additional pledges through PayPal. I could be wrong about that. You can still get to that page, but it does say that the campaign ended on the 9th.
I suspect that V1 owners will be able to upgrade for a price that is lower than buying the whole AppGameKit V2 product. But I don't know anything official about that. It just makes sense to me.
EDIT: If you had pledged prior to the effort closing, and pledged enough, then you get V2 for free.
Cheers,
Ancient Lady
AGK Community Tester and AppGameKit Master