Just to give you some additional information, a person posted on another forum who took the update and lost root. He was already on hboot 1.5. While this update may not change the hboot, it can still cause you to unroot. At the very least you would have to go through the rooting process again. The "veterans " around here will always advise that once you are rooted you should never take an OTA update, no matter how minor it may appear. I am surprised some of those more experienced people haven't chimed in here. I'm not trying to be a pain or tell you what to do, just saying that the risk of losing root to me isn't worth taking the update. Even when ICS comes to us a stock rooted version will be available to us rooted folks almost immediately.