I'm not rooted and at this point I'd like to get some of the basics of the phone back working consistently before I even attempt to root but I'd like to do so on this phone one day. After all, wireless tether would be sweet without having to fork over money to Verizon despite already having an unlimited data plan.
Downloading right now...wish me luck!
If you're having problems with your phone, and I assume you are because you said you'd like to get some of the basics back working consistently, simply installing the Gingerbread update may not fix those problems. It updates the system as you currently have it, so some of those problems may very well carry over. Flashing the SBF is what should solve any of the problems you aren't able to address directly. But I suppose you might as well try installing Gingerbread first to see if anything does happen to get fixed. If not, there's always the SBF.