Thanks to spacemonkey for this positive update.
From the press release we can read:
"LG also announced that its 2014 webOS-enabled Smart TVs will enjoy a free software update on September 21, allowing current webOS 1.0 users to experience the improved webOS 2.0 platform introduced on 2015 models without having to purchase new hardware.
LG's 2014 Smart TV series that will receive the update are: LB6300, LB6500, LB7100, LB7200, UB8500, UB9200, UB9300, UB9500, UB9800, EC9300, EC9700 and EG9700"