Yes v.05 is in the paid toolbox
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Must be because I am still on froyo. Thank you
No, that shouldn't be the case. On was on Froyo still (Liberty v1.5) and when I checked the Toolbox Donate version, I only saw v0.3 (and lower versions) also. I then backed out of it to do something else and checked it again and it was there.
It's up to you, but you should definitely be able to download both the v0.1 Full Install (to get you to Gingerbread), make sure it's the Full Install version of v0.1 and v0.5 WITH the kernal (makes it a single flash as opposed to the two separate v0.5 and kernal files which was there also during the time I downloaded).
This way you won't have to boot into v0.1 to download v0.5 since you already have it.