Just installed the new update on my Fenix 7 Pro, went to walking, navigation and then first clicked "Around me", went back because I did not find what I wanted, clicked favorites and picked a restaurant about 3.3 kilometers away.
I get the usual "Not enough memory" error, which is funny, because the watch was freshly restarted after the update.

Afterwards I got an immediate crash and reboot.
My hopes were not that high that anything changed as I haven't seen anything in the changelog.
Navigation with route calculation is totally unusable at the current state, so when will this be fixed?!
https://www.reddit.com/r/GarminFenix/comments/1my3ura/not_enough_memory_available/
https://www.reddit.com/r/GarminFenix/comments/1ktdojf/what_causes_this_not_enough_memory_error/
https://www.reddit.com/r/GarminFenix/comments/1i9pc1j/garmin_fenix_no_memory_to_recalculate/
Seems even Edge devices are affected, luckily I did not buy one yet!
https://www.reddit.com/r/GarminEdge/comments/1hj6f0e/not_enough_memory_to_reroute/