According to Verizon's site, the update also improves the user experience and the delivery method of pre-loaded games. When connected via Bluetooth, the music player now offers fast forward and rewind functions. Some bugs have been fixed such as the one that left the phone in landscape mode when it was being charged and recommended contacts populate correctly when the dial pad is in use.
Other changes include the ability to snap a picture using the right trigger, support for the Wireless Emergency Alerting System and lastly, the ability to turn off the Mobile Hotspot ID Broadcast for security purposes.
source: Verizon via Phandroid