Motorola is today rolling out the latest Android 5.0.1 Lollipop update for the Moto 360. This is the major Android Wear update Google announced last week, which brings support for the company’s new watch face API, improved quick settings options, and a number of new features.

This is by far the biggest Android Wear update we’ve seen so far, so you’re probably going to want to download and install it on your Moto 360 as soon as you can. It has a bit of everything, including some design changes, an undo button to bring back cards you dismissed automatically, Theater Mode, and more.

Here are Motorola’s release notes:

Android L: Updates Android Wear to the latest platform for consistency across Android devices for both consumers and developers.
3rd Party Watch Faces: Choose from a variety of public watch faces available through the Google Play Store.  Watch faces can be selected and configured through the Android Wear app on your phone or directly on your Moto 360.  Developers can leverage application programming interfaces (APIs) to create a watch face and retrieve calendar and notification data.
Undo button for card dismissal: When a card is swiped away it will remain available to undo for a short time after dismissal.
Quick Settings: Swiping down from the top brings new settings that include Theatre mode, Sunlight mode (temporarily maximize brightness), managing interruptions, and easier access to deeper Settings.   Interruptions choices made on your Moto 360  automatically change the Interruptions setting on your Lollipop-based phone.
Theater Mode: Screen remains off unless turned on by a press of the side button.
Battery & Storage Stats: The Android Wear application will now allow you to obtain more information about Moto 360 battery performance including a projection of time left and a breakdown of usage by applications.  You can also see how much storage space remains – which is helpful when planning offline music.

5 percent of Moto 360 users actually received this update as early as Wednesday, December 10 — the day Google announced it. However, as of today, 100 percent of users should be able to download and install it.

You’ll get an update notification on your device as soon as it’s ready, but if you’d like to search for it manually, go into the menu on your Moto 360 and then tap Settings. Scroll down and choose About, then tap System updates. Your watch will automatically search for the latest software and give you the option to install it if it’s ready.

• SourceMotorola