As Wednesday's Google event draws closer and closer, speculation is heating up regarding the release of Android's next operating system update on November 1.

The rumored release date stems from several unconfirmed reports that have risen to the surface after Google's I/O conference earlier this summer. This would mean that Google will scrap its usual update schedule in lieu of one that more closely resembles that of Apple's fall releases.

This Android update has already been made available to developers back in June, and it stands to reason that Android L will release first for the Nexus 4, Nexus 5, Nexus 7, and Nexus 10 before any other devices.

But it's the name that has many Android fans salivating. Per tradition, this update is expected to be named after some sort of delicious treat. From the early Cupcake (1.5) to the most recent KitKat (4.4), everyone's expecting the next version to not only sound delicious, but also follow alphabetically with an L-word. Lollipop is the main contender, but Lemon Meringue Pie and Licorice are other possibilities.

Related: Google October 15 Event: Nexus 6, Nexus 9 Tablet Release Date Expected 

An exclusive video recently released by developer Sam Mobile shows off Android L on a Samsung Galaxy S5 to test the firmware. While the video focuses on the updated Touchwiz UI, Sam Mobile doesn't seem impressed.

"Initially, we wanted to make the firmware available for every Samsung fanatic out there," the review states. "However, after testing it for two days, we decided that it was not suitable for everyday use, as it contains a plethora of bugs and is slow as a turtle, so we won't be publishing the build online."

But the site was impressed with some aspects of the build as it stands. "In Android L, Google has completely overhauled the look of the operating system, calling it Material Design. In short, the whole UI feels alive and natural to touch, and it's the best thing that ever happened to Android."