No, you are right. There is a capacitor, I think you have around 15 minutes or so before it resets.
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Thanks for the photos. I can't believe how much smaller it is!
Pretty sure you can clear the dive log with your computer, linked of course to the Predator. I think I remember it had some "dives" on it when new, I assume these were tests in a pressure pot, and I think I remember removing them with my laptop. You may have to do them one at a time though?
Shearwater product support can help, I'm sure.
When you delete in the laptop software, it removes only from the software.
I've had Predator batteries go dead and sit for months - with no loss of anything other than N2 loading. Taking the battery out for a day, a week, a month isn't going to clear anything else.