Microsoft has yet to come forward with a statement of their own regarding the update path of Windows Phone 8. Based on the back and forth rumors, there have been arguments by some prominent names in the industry that have suggested that current Windows Phone 7.5 devices will not see the Windows Phone 8 update, while vague rumors from murky sources have suggested otherwise. Since nothing has been officially announced, at this point in time we guess it could head either way, so if you're a Windows Phone 7.5 user hoping that your phone will be eligible for the update, here's a rumor you might be pleased to hear.
Ubergizmo, Latest Windows Phone 8 rumor suggests that current Windows Phone devices will receive the update