Hello - I finally tried out my 512MB Rev 2.0 Pi on Saturday night and am curious how others went about enabling the full memory. I flashed the current Sept-18 Raspbian image. The Pi booted ok but without the extra memory detected. I installed rpi-update and ran it. After the reboot, the memory was still the same, so I started researching. I came across this helpful page:
http://hubcitylabs.org/unlocking-your-new-raspberry-pis-512mb-of-memory/
which explains that hexxeh's rpi-update is not currently working for the latest firmware. I followed the instructions to grab the latest from github and copy into /boot. Upon a reboot, the extra memory was detected, and I could further change the CPU vs. GPU allocation with gpu_mem in /boot/config.txt.
Does anyone currently know of a simpler process?
Thanks,
Drew