RE: HMC Console necessary?

So it appears from the note below, I can run the latest software on my
C04 but cannot manage my Power 7 system on order. I will definitely
call IBM before the contract is signed. And if the business partner
miss directed me, they will have to upgrade my HMC for free...Ya right.

Package notes:
HMC Model 7310-C03 cannot be upgraded to HMC Version 7.7 If an HMC is
used to manage any POWER7 processor-based server, the HMC must be a
model CR3, or later model, rack-mount HMC or a model C05, or later
model, desk-side HMC. When IBM Systems Director is used to manage an HMC
or if the HMC manages more than 254 partitions, the HMC should have a
minimum of 3GB of RAM and be CR3 model or later rack-mount or C06 or
later deskside. HMC Version 7.7.1 supports managing a maximum of 48
servers (non Power 590/595 models) or 32 IBM Power 590/595 servers with
a maximum of 1024 partitions across the managed servers. The following
HMC System Plan functions are not implemented for servers based on
POWER7 technology:
Create system plan (mksysplan) capture of VIOS provisioning info
(storage pools, etherchannels, shared ethernet adapters) Deploy system
plan Auto-install of VIOS, AIX and Linux partitions. Auto-provision
storage pools, shared ethernet adapters and etherchannels by system plan
deployment.