After a record-setting 10 updates in the Public Beta program, and an almost 3-month stretch, Microsoft has today begun rolling out the final official production release of the Fall 2012 Xbox LIVE Update. The final release remains the same version number as the last beta update (meaning there have been no further changes to it), with the dashboard/kernel sitting at 2.0.16197.0. As with many of the previous SystemUpdates, this one is being deployed in a staggered fashion, meaning some subscribers and regions will receive it first, and the rest in waves over the next few days or weeks.
During the course of the program, each of the 10 beta updates were tested with c4eva's LT+ offline and on Xbox LIVE, as well as with xk3y, so with the final release being the same version, we can happily re-report that they are both working fine with backups. Such being the case, there is no urgent rush for c4eva to analyze the update, though he may still opt to generate a LIVE log for it at some point in the days ahead.
Those attempting to get the update from Microsoft's official xbox.com website will find that the downloadable USB version of the SystemUpdate is not yet available for the final version. This is normal practice during a staggered release; the USB update is usually held back until it has first been fully deployed to all regions via Xbox LIVE.
Xbox LIVE's Director of Programming, Major Nelson (Larry Hryb), posted a concise list of the new features included in the dashboard update, so head over to majornelson.com if you wish to check out what's all in store. There is also a running list of changes over on the Xbox 360 System Software entry on Wikipedia.
P.S. Just a quick note: c4eva is currently completing some final tweaks to the LT+ v3.0 firmware for Lite-On 1175 DG-16D5S and once his own tests have finished, full testing by the team will begin. We know you're all eager for it, but please be patient! It won't be much longer now, and we'll announce on c4evaSpeaks.com and LiteOn1175.com the commencement of the testing phase as soon as it begins.