I loaded firmware version 3.3 and the switch between watch and follow no longer responded to a quick press of the Magic Button in Smart mode like the Wizard manual says. Now you press the left and right arrow. Attached is an image of the Wizard button combinations from page 14 of the H manual.
Your Wizard came with a newer firmware than mine. If you look at the Wizard manual it says a quick press of the magic button switches mode. Thats the way mine worked when testing with UAV Pilot when I first received it. After I updated the firmware the magic button no longer worked to switch watch follow modes. Now I have to use the left right buttons.
The Follow Me function allows the aircraft to
follow the pilot, adjusting its location to the
location of the TYPHOON Wizard™. All
buttons are controllable in this mode. When
in Follow Me function, the aircraft will follow
the movement of the TYPHOON Wizard™ if
there is no extra operation on the TYPHOON
Follow Me function can be switched to by
the following steps:
When in Smart Mode, press the Magic
Button quickly once, it is "follow me" model if
Aircraft Mode LED is yellow and Wizard™ GPS
LED is green
I have owned my Typhoon H since the first month of release and my WW has not been updated. My H manual shows the left and right buttons to switch between FM-WM. Maybe the Q500 WW had different firmware or you got a very early H WW?