Not really, no. 2.0 doesn't even show up in iTunes for me yet. It is very unsafe to update... unless you're planning on unlocking anyway. You won't need to go through reactivation for that!
I've been trying to get my iPhone reactivated for the past 3 hours and still not there yet. My advice would just wait till tomorrow when the server loads weakens.
I've been trying to get my iPhone reactivated for the past 3 hours and still not there yet. My advice would just wait till tomorrow when the server loads weakens.
At 11:30am CDT I started trying again, and after 4 or 5 tries it connected and activated. There's been reports since that Apple have taken their servers offline completely, but I can't imagine that's a long term thing.
If you don't have time on your hands, wait until tomorrow (or 3am tonight). If you can afford to burn an hour or more, then have a crack at it now. Just remember, that the phone is bricked until you complete the iTunes part of the process.