Okay so let me clarify for the confused minds (including mine)

http://www.firefox.com/m/beta -> will install the beta and this is what I thought was the new update as reported by whoever started this thread.

Only later I discovered:

http://www.firefox.com/m -> will install the 1.1 final and is definetly an improvement from the beta.

You can actually verify the version by going to the About page.

so there you go!