Installed the update yesterday. Everything went well and some things (scrolling, for example) is smoother.
Thanks Fairphone-Team!
The only thing I am not happy about, is the fact that the alignment of the clock in the status bar is still broken:
While on the right side everything is correct, alignment on the left side is weird again.
This has been an issue on the FP3 since 2020 and has never been fixed (although support said at that time this will be solved soon). And now there is the same bug introduced in Android 11.
Seems like correct alignment of the clock is some rocket science 