so if i would buy the motorola droid now, when updates and bug fixes come out can i get them? If a new Android version comes out will i be able to get that also?
Yes you can get the updates. They give them to you over the air. When they send out the first update in a few weeks it will either come in as a notification or you can do the following. Go to Settings ->Scroll down to About Phone. Then hit System Updates. If one is available it will pop up for you to download if none are available it will say its up to date. If you have any other questions feel free to contact me. Good Luck.
