If your phone doesn't want to boot up again after the update, it gets stuck in a black screen, follow this tutorial where we root the Galaxy SII with Odin and put an official Samsung Android 4 ICS on it.
A really useful feature in case you want to receive a warning notification before you use all of the mobile data available according to your mobile provider contract. It's a great way to avoid additional charges.
You just bought Nexus 4 and you don't know anything about Android operating system, so I will guide you through literally first steps on this great phone.
At any given time you can reset your Nexus 4 smartphone to the factory default settings, meaning you will bring your phone back to the same state as it was on a day when you took it out of the box.