This morning I woke up to see that apparently a ROM of Android 2.2 (FroYo) had been released by the Android community.

After backing up by current ROM, I installed FroYo with great success!

As you can see from the Quadrant benchmarks below, that FroYo brings great performance benefits. I have the 1.2ghz P3 Kernel installed when this screenshot was taken.

So far everything works once you install a kernel that supports WiFi.  If you are feeling adventurous,   follow the links below.

Also be aware that you might need to use Titanium Backup to force apps to install to SD until more applications build in support for this feature.