GoldenLion, was the original update for the first choice school and the additional on the letter for lower choice schools? My DS's status page indicates he has an offer to his second choice school (in-state) but he really wants an offer to his first choice (OOS). Based on your post, I'm not sure if that means that he was passed over by his first choice and therefore waiting for the letter may not help.
Also does anyone know if you can transfer the value of an in-state scholarship to the out-of-state school (assuming there is willingness and room at the OOS). He already has a partial scholarship to the OOS school and would be happy to just get a value equivalent of the in-state scholarship for the OOS.
In the past if the applicant was awarded a 4 year to an In State school they would sometimes transfer the scholarship to an Out of State school by reducing the scholarship to a 3 year. You will probably need to wait and see what type of scholarship was awarded. Things are different this year and they have not been as quick to transfer to more expensive schools but it has happened.
Good Luck