Wait is finally over for Nexus One owners, Google has released Gingerbread update for the smartphone. Coming with Android version 2.3.3, the update is available OTA and will be rolled out in phases so just stay tight.
According to Google Nexus Twitter Account:
Gingerbread (Android 2.3.3) update now rolling out to Nexus S and Nexus One. Be patient, may take a few weeks for OTA to complete.
Do tell us you experience with the update in comments.