I have also went through nortel documentation and if I understand it correctly snmp v1 is used for traps and v2 for something else - weird
can you actually set IMC to work that way - listen for traps with snmp v1 and monitoring with v2 for the same device?
this is directly from the document
Trap – a one-way notification sent from the SNMP agent on a device to
the Network Management System (NMS) when a specific condition occurs,
such as the failure of a system component. In Nortel Communication
Server 1000 products, the traps are sent in the form of a SNMP V1
TRAP-TYPE Protocol Data Unit (PDU). The PDU type is TRAP-V1, and
the trap type is Enterprise-Specific.