V1-3 require brand new hardware if you're upping from pre-12th (or pre-11th for DM/PF). If you don't have the new hardware, you're going to have to do some mighty-fine searching, as Konami hasn't offered the new hardware since V2 (unless I missed the selling of kits with V3).
I was also told for GF, V1-3 require the side speakers, but don't quote me on that.
If you're upgrading within the V series (V1-V2 or V3 or V2-V3), I believe all you need is the upgrade DVD and dongle, but don't quote me on that. I don't believe there was a new HDD or anything.
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