Experiences From The First WP7 Update
"For the first time, an update for Windows Phone is being gradually pushed out to users beginning today."
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It appears that while some owners of WP7 devices have been able to apply the update smoothly, others have not been as lucky. There are reports of devices hanging during the update process thereby rendering them unusable. If you have not updated yet or are one of those with a bricked device, you may want to take a look at the forums here and Microsoft's Answers for guidance. For those of you who have not received the update yet, now is a good time to make sure you've updated your Zune software to the latest version and to create a back-up of your important data.