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Mine updated yesterday and took about 30 minutes. Worked perfectly. ICS is great, jerky screen movement is a thing of the past. They also fixed some of the querky working apps and widgets. Now it reacts as smoothly as my IPad2 except with FLASH (I had to install flash from apps). I find myself using it more than the Ipad.
1 year, 7 months ago on ICS OTA Update For Acer Iconia Tab A500 Live Early... For Some