I hope that sschimel got the correct information and the Lollipop update started rolling out today. I know if anyone receives it they'll post to this thread.
I've been getting by using an app called Folder Mount which basically does a sym link to the SD Card. It allows me to move Android/Data and Android/OBB folders to SD and has been well worth the $2.99 price of admission to redirect 21gb of app data. Note: I am not affiliated in any way with the developers, I just thought it would be useful for those who like me want to make full use if the external Micro SD card.
I hope that sschimel got the correct information and the Lollipop update started rolling out today. I know if anyone receives it they'll post to this thread.
On 4/22/15, I was told it will come tomorrow.