I also went out and got V3.0.1 for good measure. Which is one of those R232 cable ODB/ADS devices which also came with a 20-pin adapter.
I looked into it, and my 750il is old enough that most of the units should be running on ADS only communication. *this means I could talk to a device, but not the DME* only the asc and 1 other k-line module showed up in the knockoff software 'BMW Scanner 1.4.0'
So my trials began when I assumed my chinese K/D can USB cable would read codes on my 1995 E38 750il like it did my 2001 E38 740il.