I've bought a V1 recently. I've read that you can connect V1-V4 witch each other to let the Tamas play and give each other gifts, but I am wondering if this allows for two Tamas of two different versions to have a baby as well?
Each baby follows the growth & character of the Version it lives on. So a V1 Adult and a V3 Adult each have a baby and the V1 baby evolves following the V1 programming and the V3 baby evolves following the V3 programming.
If you scroll down you'll see a list of the connections and some of the later releases, and what each version can connect with. It's not a recent list so it doesn't include color versions.
I'd also like to mention that the V1 is also able to connect with the v4.5 and Plus.