It has been a few days since the whole pre-NoDo update situation whereby some Windows Phones, specifically some Samsungs, had crashed and burned during the flashing. Most devices just could not complete the backup necessary for installation, while a tiny percent experienced some serious failures, resulting in the device being un-bootable. As a result, Microsoft "pulled" the update for Samsung devices (though it took a little bit to propagate) in order to investigates the issue further.
Starting today, they look to resume the updates for all Samsung phones. From the just updated Windows Phone Blog:
Starting today, we plan to resume rolling out the February update to Samsung phones. Meanwhile, we’re continuing to dispatch the update to other Windows Phone models. As has been the case, the software patch is being sent out on a rolling schedule. You’ll see a message on your phone when it’s available.
During the past week the engineering team has pinpointed and fixed problems that were preventing a small percentage of Windows Phones from installing the February software patch. We apologize again for the delay and continue looking for ways to improve the update process.
While not the three days we originally heard about, the turnaround was decently fast, considering Microsoft's past reputation on such things. We now shall play the waiting game as hopefully our phone will be flagged for an update within the next two weeks.
Update: Some users are reporting getting error code 800705B4 when attempting the update (Thanks, Tahiti Bob for the heads up). The solution for some seems to be to make sure you have at least 4GB of free space on the phone.