Update: So that's what the update does -- according to Recombu, the update should allow European webOS users to finally spend their hard-earned quids and Euros on paid apps. PreCentral additionally reports that O2 Germany customers can now download the Mobile Hotspot app. Cheers!
Update 2: We're getting a 220.127.116.11 10mb patch on our Sprint Pre as we speak, while a list of changes has arrived on Palm.com with one notable difference -- the old NFL Mobile App has been renamed Sprint Football Live -- but otherwise it appears to be the same. Meanwhile the word on PreCentral is that Verizon customers may be in for a wait of up to a few weeks for their own update, so slowing the pace of update checks to just once every 5 minutes would appear to be a reasonable course of action.