Along with browsing the zune.net website, I accidentally checked my zune software and device and behold, there is an update to version 3.1!
Of course after installing the software, I checked the device and there was also an update for firmware version 3.1. There is also an option to install the 3 additional games.
I don’t know the changes and fixes in this update but will play around with it for a while to see if there are any speed improvements or any notable updates. :)