I do not own a 80% Arms Jig. I own a 5D Tactical. When I was buying my jig I ruled several out right away. My reasoning is I wanted the lower held into the jig firmly and wanted to be confident in the registration of the lower to jig to router. Several were satisfactory and met that criteria through observation of advertisement and YouTube operation videos including the 5D, the gen 2, Modulus and a couple others. I settled on the 5D based on a sale price with package deal as well as availability at the time. I would have been happy with the others. I can point to something on every one that I don't like. I am a hard grader. Could they all mill a receiver even the ones I ruled out? Well, sure. But some of them hold and position in such a way that I consider sloppy or I would be less than confident in the registration. I watched that Gen 2 video completely and a Gen 1 video scanning it. I, personally, wouldn't buy a gen 1. I don't like the way it holds the lower with the side plates tightening against the lower. Maybe it is fine. Maybe it is a great design. I don't like it. Will it work? Probably. I expect it you take care with your set-up it will be fine. Based on what I saw between those 2, the gen 2 would be worth the premium to me.
Best of luck whatever you choose.