MobileSyrup is reporting that the Motorola Milestone getting the long awaited Froyo update. It's been a long road for Milestone users but quite a welcome upgrade. Sure it isn't Gingerbread and sure it's been a much longer wait than anticipated. But I think a lot of it is attributed to the problems Moto had with optimization that they seemingly couldn't shake off thus the warning on the European site that made it to the Canadian about some performance hits in certain situations.
When you're read to upgrade head on over to the Motorola website make sure you read the pre-cautions to backup your phone and enjoy the Froyo.