If everything is already working fine with the model that you used, there's no need for switching to the actual device. If not, yes, you'll have to delete it and add the new device. But you'll have to do the recipes/wiring again.
Andy Thanks Andy. Neeo is now working perfectly with all of my devices and recipes. Two things that helped resolved all of my issues:
1. Started over with adding all of my devices and recipes
2. Moved the Neeo Brain unit from inside of the entertainment cabinet and placed it on the top shelf right behind the TV unit, a more optimal location (see pix below with red arrow showing where I moved the brain unit). TV now turns on and off flawlessly.