I am anticipating the new Zune firmware update will be here round about the same time that Zune 2 hardware begins to ship (November 13th). I found this video on YouTube showing off some of the features. For me the most exciting thing is the video offerings in the revamped Marketplace as well as the support for Podcast's.

The fact that I can get this update on a generation 1 Zune is huge for me, I may have jumped to the iPod ship if that were not the case!