First of all, I'm going into A2 next week, but that doesn't change anything, I think you may be misunderstanding what I'm saying. Are you delving into the fact that, in reality; the satellite would have a non-zero mass and would orbit the common centre of mass etc?
If so, I'm operating under the assumption that the mass of the satellite is so small compared to the body that this effect is negligible. I'm in no way claiming that this equation is suitable for binary systems of objects with roughly equal masses or the like -- I haven't thought to spend my time trying to see if it's still valid, or what the better equation is, etc.
Judging from the fact that the thread author was discussing v2=ar, I assumed his level of education was similar to mine and so I operated under the standard assumptions that are made for students at A2 level.