So you simply loaded the Options.txt file from the download straight into your V2 and started logging? That works just fine but you have 0 control over your PID selection until you fire up Notepad and go edit the Options.txt file with the appropriate PIDs. It is located in the "C:\ProgramData\EFILive\V8\Config" for Vista and for 2000/XP "C:\Documents and Settings\All Users\Application Data\EFILive\V8". Look for the LMM Auto part in the file and look at how the TCM PIDs are added into the ECM PID section.
You cannot log both the ECM and TCM using a laptop with V7, when V8 is fully released you will be able to but until then you need to use V2 BBL.
If either of you need help setting up your Options.txt file let me know!