If you own an iphone, you might want to hold off on the newest update (1.0.2). Engadget is reporting that they attempted to update theirs, and lost all data within the phone. They also state that they lost their backup as well. Check the quote:
"Despite the fact that we had a couple of error messages during the upgrade which seemed innocuous, this iPhone update wiped out our device and refused to restore our last back backup, instead creating a new backup based on a fresh restore."
DON'T INSTALL THIS UPDATE PEOPLE!!!
iPhone 1.0.2 update released [Engadget]
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