Update worked well here. Much smoother than other android devices I have used. I don't know if it fixed wake from sleep for me, but it did make the option to use a book cover as a lock screen work(which it didn't before).
Cannot wait for more updates to take better advantage of the hardware in this. It did tell me that my uid was different and I should do a factory reset (but not forcing me to... nice touch
), after playing around with it, I decided to take its advice (not because of any errors, just felt like I wanted to be back to factory settings again).