Like it says right up there in the title, don't get your hopes up. The latest over-the-air update to the Verizon version of the LG G2 in not an updated version of Android, and it won't get rid of those awful front-facing logos, either. But it does have a few much-needed bug fixes and security additions, plus it should smooth out some of the wrinkles in the initial release of LG's customized software.
Here's the changelog for software version, straight from the horse's mouth (PDF link):
- Video playback quality has been improved when viewing on websites
- Dialing *611 will now appear on device screen
- TalkBack reads each deleted letter when using Messaging Keyboard
- Backup Assistant Plus resumes syncing after completing a voice call
- Device lockups have been reduced
- Viewdini application has been removed
- Verizon Cloud app is now preloaded
- Messaging is now supported via QSlide
- Voice quality has been improved
- Google Security Patch has been added
Bug fixes, UI adjustments, one less piece of LG bloatware and one more from Verizon. Pretty standard stuff.
Just in case you're wondering, LG is indeed working on a KitKat release for the G2, though it will probably take a while. The official LG blog (Korean) says that the G2 will get Android 4.4 sometime later this month, at least for the South Korean version. It will probably take a little longer for the update to head to international markets, and even longer than that for the American carriers to get their super-special individual builds.
Source: Verizon support