I have been observing V1404 CYG for several nights. Comparing to the LCG, I was 1-3 magniutudes too faint. I remembered that the target could be mistaken by a nearby star. I collaborated with Jim Roe and Richard Sabo, and they compared their observations with the finder chart, and confirmed that they had also mistaken the target, as I had on my first attempt.
If you observed V1404 Cyg lately, check to make sure you are using the third star in the row of 3 and not the 2nd star in the row of 2. We have changed our observations, or are in process of doing so.
THanks
Gary Walker. WGR
Links:
[1] http://www.aavso.org/forums/variable-star-observing/campaigns-observation-reports