Ross! That is a good deal!! Your friends help will help reduce you learning curve a bunch!! Go through the Corel thread in the forum too. There are things you will do in a corel file bound for the laser that you would not normally worry about if you were using Corel for more normal pursuits.
I tend to stay with more modern versions of packages. But then my job ends up working with security issues in computers and older versions tend to have security holes in them that can cause problems for us. That is less of an issue at home to some extent. Does the unit that you bought suggest a recommended version of Corel? Older versions tend to be much less expensive than the new ones, and to be honest, I worry much less about issues with Corel and security than I do with Adobe products. Maintain your firewall and keep your OS fully patched and you should be fine. A good antivirus/antimalware package is important too, but without the other items in place they are little help. Your firewall and patching are your best defense.
There may also be a real advantage in sticking with a version your friend is most comfortable with so you can get the most out of him.
Congrats again! Let us know how things go with this! You will have lots of ears!!
Dave