I can't say to you how this program work, cause : i never used it. A few days ago, i came here and ask how to flash my bios. And the guys (thangs again to them) said to me to NOT use liveupdate for a flash bios.
They said to read the stickys and the topics related to flashing. Read, read, and read again .. Then ask again
It seems to be a heavy task, but nothing compare to kill a motherboard with bad flash.
I was scared to flash cause i never do this thing, but with the good advice i saw here, i succeed.
Good luck, and sorry, i didn't help a lot