I have finally done it, thanks everyone. I can't notice any differences though lol.

Living rural in Canada on wireless broadband it took 3 yes 3 hrs to update itself.
Had no problem and i know that my connection here on the farm is not lightning quick like you city boys.
Heck i can update my Imac in no time at all.
Wake up Apple there has to be a better way.
Geoff

I live in the UK and just updated my iPad last night first time. I, like yourself, just bought one last week (found out later version 2 was immanent, just my luck.) it only took 15/20 minutes with a 10Mb connection using Virgin Broadband.

I always upgrade with my desktop PC wired connection as Wi-Fi can be flakey depending on connection strength, I wouldn't trust it with important updates like firmware and if the laptop wireless card is draft b/g your connection speed to the router is at best half that of a wired connection.

As for the 4.3 update the only good change made is the mute switch can be used to lock screen orientation, handier than double tapping the home button all the time. I would liked to have had the 4 and 5 finger touch functionality added, maybe the next update will include it, who knows.

Here in rural Wales (UK) update took about an hour (slow broadband). Promptly followed by iPad crashing ! Restore & back-up quickly fixed that issue but apart from the screen rotation lock switch can't see any benefit from an hour of my time. The OS 4.3 upgrade on my iPod touch however was faultless - although again no significant improvement ?

I had also two problems:
- I got several error messages during updating requiring several attempts.
- iTunes lost all of my content and I had to take a backup.

My iPad is defective! I clicked the option to download and install the update. Less than an hour later, it was done... first time!

The only "issue" I had was that when I went to sync (yeah, I am one of those crazy people that syncs every time I make any changes so I have a backup), it had to optimize all of my photo images and then synced them all like it had never been done before. I have over 800 pictures so this took quite a while!