I spoke to a Sprint 'advanced technical representative' tonight ( 6-21-2008 ), and he did CONFIRM there is an update coming out within the next week for the Touch.
Personally, I am not going to run one of these kitchens and potentially brick my phone. I would rather let Sprint replace my phone if their update fails. I respect the hard work that many people (who are a lot smarter than me) have done, but I just can't see experimenting this close to the update being out.
The link that will get you there is:
www.sprint.com/downloads
Then select Windows Mobile (CE). The update will appear when ready.
Hope this helps save a brick or two
