....This last has at least all the advantages you look for in nstreme-dual but with only one radio card.
Does it mean NV2 only uses 1 polarity antenna, while i see many TDMA feature enabled devices use dual polarity antenna that use 2 radio cards.
No, nv2 has nothing to do with how your antenna setup is.
I think your are mixing things here.
We have normal 802.11 radio links.
Then MT developed their nstreme protocol to get some extra out of a link.
Now both are sort of replaced with (best of both worlds) nv2
What MT calls "nv2" is what UBNT is calling "Airmax" and although both use TDMA they both use their own specifics and they are therefore also not interchangeable. (Other brands already use TDMA somewhat longer I believe, like Motorola's Canopy system....)
Apart from this,
You can have two bonded radio channels to create a double capacity 50% redundant fail-over link. On both ends two antenna's with their own radio are needed both working in different radio channels, not necessarily on different polarities. If one antenna link goes down means we still have 50% left.
Than there is nstreme-dual. It works with one radio channel of one nstreme enable card, but with two antenna's on each side. On each side one antenna is sending and one is transmitting. This way you have a full duplex system. But, if one antenna goes down, the whole link is down.
And now we have ´n´ protocol or mimo. It uses one ´n´ enabled radio on each end but when in use with two antennas' (so one radio connects to two antenna's (or 3 or more in very specialised setups) a theoretical throughput of 300Mb can be achieved.
Although the ´n´ radio uses only one channel, because it is 40Mhz wide it actually consumes two. (side by side channels)
Compared to bonding ´n´ has higher throughput. But bonding still has the 50% redundant advantage.
n-streme dual can have slightly higher and more stable throughput then a bonded link but will never be able to reach throughputs as ´n´ links. That's why it probably will be faced out since there are better ways of doing things....
nv2 is just a different protocol on how radio's communicate. It can be used on single 802.11, bonded and ´n´ links. Only not on nstreme because nv2 actually replaces some of the nstreme working principles by new, better, ones.
I have several single radio links running with nv2 (thus only one antenna on each side).
But I also have two ´n´ links and only on one I have nv2. Off course here I use dual antennas.
To make things even more complicated. ´n´ protocol links can also be single antenna links. Only the theoretical maximum throughput is also half of that when two antenna's (with 40Mhz bandwidth) were used.
Are things a bit more clear now?