OTA update brings Android 2.3.6 to the Motorola DROID RAZR and Motorola DROID RAZR MAXX

• Mobile Hotspot will now successfully allow other devices to connect to all
• Improvements in the Mobile Hotspot security.
• VZ Navigator has been updated with the latest 3D map improvements.
• Visual Voice Mail messages can be marked as read.
• Visual Voice Mail message playback resumes when audio is switched to speaker.
• Visual Voice Mail will successfully subscribe or unsubscribe while connected with Wifi.
• Successfully press back key after playback in Visual Voice Mail without error.
• V CAST App now comes preloaded.
• MotoCast installation steps have been improved for easier use.

DATA CONNECTIVITY

• Improved stability of data connectivity after Airplane Mode is disabled.
• Improved data throughput performance in low-signal 4G environments.

DEVICE OPERATION

• Improved Battery life when using Phone Book Access Profile (PBAP) Bluetooth headsets.
• Successfully save multimedia ringtones.
• Favorite Contacts widget has been updated.
• Improved device stability when moving between home screen panels.
• Email icon has been updated for improved visibility.
• When performing an Over the Air (OTA) update, the display will correctly show the remaining download time.
• CMAS (Commercial Mobile Alert Service) feature has been added.

Sure, it isn't the Android 4.0 update that you were hoping for, but it does bring enough changes to improve the functionality of both models. And who knows? Perhaps the next update will bring you that Ice Cream Sandwich that you have been craving.

source: Verizon (DROID RAZR), (DROID RAZR MAXX)