Just my report: I downloaded the update.zip and went through the instructions and put it on my phone. Install went smoothly, and I re-booted my phone. As others have said, the reboot takes awhile, but it got there eventually.. I had little trouble getting Flash to work. Downloaded the APK file as well as the Adobe Showcase from the Market. It all seems to be working so far. Some thoughts I would like to point out. -The entire process from downloading the update, to installing, to re-booting the phone took about 15 mins in all. Very simple, very straightforward. -Froyo is fantastic so far. Phone is running faster and smoother than on 2.1. I'm debating going back to LauncherPro, as I had grown accustomed to it and like the features. -Flash works, more or less. It's running slow right now on Dolphin Browser. Kinda chugs along during videos. But I'm hoping I just need to do another reboot and that should be solved. Maybe when the official Flash update hits Market, it will solve any issues. -I like the new car and home docking screens. The home dock doesn't seem to hang up at all like it used to occasionally do. -The only thing I'm not too wild on is the Messaging layout. I don't really care for how it displays the person's icon next to every text sent or received. Maybe I can change the settings, I honestly haven't looked yet. -Tethering seems to work fine with my 3rd party app. It was worth the few bucks I paid, so even if Motorola/Verizon said no tethering on Froyo, it's of no concern to me personally.