Be sure to sync & backup your iPhone in preparation!

If you’ve no idea what’s new in the update (hint: multitasking) then check out Gizmodo’s summery here.

PS: If you’re like me and stuck with an iPhone 3GS for another year’s contract here in the UK it may be worth considering that the £20/month cost to buy out your contract would be pretty much canceled out by the amount O2 would pay you to recycle your current phone…