The first release is 7.014.01 which will be followed by the 7.014.02 update. The updates which are 10MB in size, brings general speed improvements to the UI and an updated Android Market (3.4.4).
Acer has still not released an official changelog for this update release so we are not aware if there are any other changes being offered. Users who have rooted your device are advised to stay clear of this update for now.
source - Android Central