Does EITF 09-3 pull all software/hardware combinations out of 97-2 accounting?

This EITF does not take all software/hardware combinations out of the purview of SOP 97-2.

It does remove the hardware components from 97-2, but does not remove the software component, unless the software and non-software components function together to deliver the tangible product's essential functionality.

An example might be the sale of a personal computer loaded with the operating system (e.g.,Windows), as well as applications (e.g., MS Office). The operating system is essential to the functionality of the hardware, so the revenue allocable to the operating system and the hardware would be recognized together, but the MS Office application is not essential, so revenue for the application would be recognized pursuant to SOP 97-2.