Verizon will be pushing Android 2.2 update LG Ally users soon. There is no fixed date for the roll out but we can expect it real soon.
It’s always nice to see more and more phones being updated to FroYo. We hope manufacturers get their act together this year and push Android updates a little faster.
Via Android Central

I think it would be better if they update it directly to Android Gingerbread instead of Froyo. Thanks for sharing.