No 2.2, Telus keeps saying they're expecting 2.2 soon but knowing Telus, I doubt it. It's a nice phone if you're after a device with a keyboard, and IMO this is by far one of the best keyboard Androids out there- much much much better than the Motorola ones. Samsung's Epic 4G and HTC's G2/Desire Z may also be good but I never used them, the myTouch 3G Slide also has a nice keyboard.
A couple things I have beef with on this phone, it's so slippery when holding it, I almost drop it several times and I need to go get a rubberized skin for this, and battery life is unimpressive.
The OS is a tad laggy, but that's because of the LG UI, once I switched to vanilla Android (Home Selector) it respnoded better then I installed Zeam or some other launcher and it runs well.
Edit- I forgot to mention that over on HowardForums I wrote how to eliminate the poor camera shots in the dark by putting a piece of tape between the camera and LED holes on the insde of the battery cover, the metal causes the LED flash to relfect into the camera's lens during shots.