We've been covering the rumored software update for Windows Phone 7 for sometime now, even having our forum members add some info to the mix. So far, the update is suppose to have the following features:

Bing turn-by-turn directions, improvements

Custom ringer support

Copy/Paste

Multi-tasking (of some form)

We have a feeling that's just the beginning, as Chris Walsh, known for his contribution to ChevronWP7, has evidently been leaked some info on the update, calling it "massive" and more tantalizingly, "MS took 3 months to do what Apple did in 3 years" and "Lets just say the could have called it Windows Phone 8"--that's exactly the kind of thing we and the market in general want to hear.

Whether or not it all bares fruit remains to be seen, but too many independent sources are all saying the same thing: the first update to Windows Phone 7 will impress.

Oh and one more thing (snicker), Chris promises some screenshots later today. Stay tuned.

Source: Twitter; via mobilitydigest