So another day on 05.00.35 in Australia - still having the same issues with HDMI ARC/Optical sound out, also still having HDMI pop ups occasionally.
Emailed LG, got told to call them, called, told I'll be called back the next day. Three days later without a call, called back and was told to take it to the closest service centre to have the hardware checked haha. Obviously it's a software issue considering all the people here in the same boat.
I've requested the issue be forwarded to whoever is in charge of the software updates (Korea apparently), I've also submitted a complaint about the lack of service and after sales support.
If anyone can shed more light on manually updating that would be excellent.