Apple released EFI Firmware Update 1.8, a firmware update for Mid 2010 iMacs that enables Lion Internet Recovery for the first time. Lion Internet Recovery allows Macs to recover or reinstall Lion over the Internet.

Lion Recovery
Apple’s sparse patch notes for the firmware update:
About iMac EFI Firmware Update 1.8
This update enables Lion Recovery from an Internet connection on iMac (Mid 2010) models.
For more information about Lion Recovery, please visit this website: http://www.apple.com/macosx/recovery/.
As of this writing, the firmware update isn’t showing up on Apple’s Downloads site, but if you have a Mid 2010 iMac, you should find it in Software Update as a 2.9MB download.

Bryan Chaffin
11” MacBook Air 1.6GHz dual-core Intel Core i5: $829.00 Delivered
Samsung S22B300B 21.5” LED Backlit LCD Monitor: $129.99 Delivered
Canon imageCLASS Monochrome Multifunction Laser Printer: $129.99 Delivered

If the OS is crapped up to the point where you need to recover, doesn’t usually mean that you also don’t have access to the Internet?
Just sayin…