Ok guys, here is the info: I've just spent the last 4 hours contacting Motorola rep after Motorola rep and Verizon rep after Verizon rep. What I learned from all the conversations is that the update has not come out yet, but will be coming out soon!
Hope that helps you guys.
They told me to sit here with my phone with my finger ready to push the accept the update button so that I could be one of the first to get it if it comes to my phone. After contacting them so many times they told me to keep my phone in my hand and be very ready to hit the button, and not miss it by contacting them till after I get it.
My arm is getting sore and my finger is starting to shake from being on constant alert.
Then you better have the patience of Linus in that Pumpkin Patch.....