Getting reports from our Phantips that the Android 3.2 update for the Asus Transformer is indeed live. Here’s a quick look at some of the features you can expect from this newer version of Honeycomb:

• Optimizations / refinements across a wider range of tablets
• Compatibility Zoom – another option for viewing phone apps on tablets. Works like Apple’s way of doing this
• Load media directly from a removable SD card
• Extended screen support API – means more fine-tuned UI control across Android displays, specifically, you can target pixel density, rather than resolution.

Asus announced on their Facebook page today that the update will begin rolling out for our friends in the UK on August 2nd so be on the lookout for that. Cheers!