mmmm..... I'm not a pro nor make money out of photography in any way but I'll be sure to read the small print now, thanks for the warning!
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Is it correct that this limitation (I also have this issue with the 500D) has been fixed in the 7D through a software update only?
Yes. But given that your camera has already been replaced (three times over now), I would not expect an update for you. The 7D firmware update seems to be something of a stop gap, since Canon is not yet ready to release a 7DII.