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Couple of answers from StrikeMaster from their FB page .. What are the advantages of the 24V compared to the 40V?Lightweight and compact is a big difference. Price point is great as well. $399.99 and $379.99100 holes on the 6" and 50 holes on the 8"16" of ice.13.3lbs and 14.3lbs The 40v is not being discontinued. The 24v just gives anglers another StrikeMaster option