Users in our forums are reporting that their Verizon Galaxy SIII (S3) handsets are pulling down a moderately sized (62MB) OTA update. Unfortunately, this isn't the Jelly Bean update that most users are hoping for -- you're still on 4.0.4 for now -- but it does seem to be bringing some useful enhancements. The latest software version, VRALHE, brings the Enhanced Zooming feature to the browser, email and more. It also claims to fix an issue with device restarts, as well as enhance stability in Google Play.
All good and necessary updates, but let's hope the next OTA is to Android 4.1. Take a look at the support document for the update at the source link below, then head to the forums and let us know how the update process went for you.