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You can get the iPhone 2.1 software update that contains many bug fixes and improvements right now from apple.com/iphone/softwareupdate/ site. Just connect your iPhone to your computer using iTunes 8 and click Check for Update.

Update includes:
- Decrease in call set-up failures and dropped calls
- Significantly better battery life for most users
- Dramatically reduced time to backup to iTunes
- Improved email reliability, notably fetching email from POP and Exchange accounts
- Faster installation of 3rd party applications
- Fixed bugs causing hangs and crashes for users with lots of third party applications
- Improved performance in text messaging
- Faster loading and searching of contacts
- Improved accuracy of the 3G signal strength display
- Repeat alert up to two additional times for incoming text messages