The update was JUST released, everyone and their uncle is trying to download it right now. Give it until the weekend and you'll download it a lot faster..
had a copy of the 10.8 Install file from the Mac App Store sitting somewhere on my computer. deleted that file, it takes few minutes to run software update.
The 10.8.1 update is relatively small and on a normally fast connection should download quickly. Took me less than a minute to download and 2 more minutes to install and reboot. I would guess that it just fixes some of the more minor glitches that have been reported. I saw nothing to indicate that it addresses the rapid battery decline problem that has been reported by numerous users.
It was about a 5 minute download here. Installed and battery life is noticeably improved (not that it was awful before on my 2011 15" MBP), but I am showing a longer run time since installing.
had a copy of the 10.8 Install file from the Mac App Store sitting somewhere on my computer. deleted that file, it takes few minutes to run software update.
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