My update arrived late last night, but I left it alone until this morning. I plugged the phone into the charger, began the download and went to feed the livestock. I don't know how long the download took, but when I returned to the phone (maybe 20 min later) it was completed and ready for the install.
That went off without a hitch.
As for Gingerbread...I still predict a lot of folks will be disappointed, especially those who were apoplectic over the delayed rollout to the N1.
Folks, it is really nothing. There is better battery life, there is copy and paste, the system might be a little faster. That's it. The "new" UI touch of having a black menu bar is downright ugly.
I don't have NFC, I already use (and like) Swiftkey, I don't have a large display screen. This is the very definition of a minor update, and it was comical seeing folks get in an uproar over something so inconsequential.
Now, Ice Cream Sandwich--that's another deal. This is supposed to be the merger of Gingerbread and Honeycomb, and if it means a better-looking UI, I'm all for that. The guy from WebOS is now in charge and there is a chance we'll get a much nicer interface that what we're stuck with for now.