Me and my friend both have the VM Intercept except he got the update and well I haven't. I compared my friend's Intercept vs my brother's LG Optimus V. With the 2.2 Update, my friend's Intercept runs just as fast as my brother's LG Optimus V. Games like Angry Birds work perfectly on my friends's Intercept. I made my decision that the Intercept is better than the Optimus V. I'm looking foward to also receiving 2.2 on my phone.
I really don't want to come off as rude, but it really isn't even close to being better spec and performance wise and you really should have gotten the optimus.