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Help gingerbread update, is it worth it?

I just got my phone (Mytouch4g), but I was wondering if the gingerbread update
worth it? Im not really sure what it is, but please let me know.
Im scared to update, bascially I have no clue how. What should I
notice different?

The android version is 2.2.1.
Is my phone an old mytouch 4g?
Confused :)
 

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