Quote Originally Posted by WERA689 View Post
Yes, FroYo is the latest software, also known as Android 2.2. What it adds to this question (among many other things) is the ability to use the phone as either a wifi hotspot or tethered (by USB) modem.
To add to the beauty of FroYo. Think about a 450% speed increase from 2.1 =).

Do what alphawave7 suggested and you will definitely be rewarded!