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I have an Unlocked telus Desire on the Sasktel network...

You have to wait for telus if it is branded, yes. It wont matter that you are on another network I don't think.
Best bet would probably be to unbrand it by flashing a generic RUU

http://androidforums.com/htc-desire/148932-froyo-ruu-update-available.html
Agreed, that's what I did and it works great! It opened the 2G/EDGE data which was blocked with the Telus firmware, and now updates come faster directly from HTC instead of waiting months for carrier updates. And of course Froyo is great - faster and better all around.
 
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