ESP8266 firmware version

I just bought a new ESP8266-01 wifi module to use on my Pico but before I solder it onto the Pico shim I want to make sure the ESP8266s firmware is Ok. I connected it to a USB-TTL converter and powered up. On COM6 at 115200 I get the following:

AT+GMR

  AT version:0.40.0.0(Aug  8 2015 14:45:58)
  SDK version:1.3.0
  Ai-Thinker Technology Co.,Ltd.
  Build:1.3.0.2 Sep 11 2015 11:48:04
  OK

AT+RST

  OK

  ets Jan  8 2013,rst cause:4, boot mode:(3,0)

  wdt reset
  load 0x40100000, len 1396, room 16 
  tail 4
  chksum 0x89
  load 0x3ffe8000, len 776, room 4 
  tail 4
  chksum 0xe8
  load 0x3ffe8308, len 540, room 4 
  tail 8
  chksum 0xc0
  csum 0xc0
  
  2nd boot version : 1.4(b1)
    SPI Speed      : 40MHz
    SPI Mode       : DIO
    SPI Flash Size & Map: 8Mbit(512KB+512KB)
  jump to run user1 @ 1000

  rŽÃ9l€dÿ
  Ai-Thinker Technology Co.,Ltd.
  
  ready

I want to make sure the Pico can work with this firmware version and the memory 8Mbit(512KB+512KB) before soldering it on. Can somebody confirm?