In February 2007 the MAGIC Air Cherenkov Telescope for gamma-ray astronomy
was fully upgraded with an ultra fast 2 GSamples/s digitization system. Since
the Cherenkov light flashes are very short, a fast readout can minimize the
influence of the background from the light of the night sky. Also, the time
structure of the event is an additional parameter to reduce the background from
unwanted hadronic showers. An overview of the performance of the new system and
its impact on the sensitivity of the MAGIC instrument will be presented.Comment: Contribution to the 30th ICRC, Merida Mexico, July 2007 on behalf of
the MAGIC Collaboratio