Yes, if you have synced with iTunes before the update. If that's the case you have to delete the updated app from the phone, connect phone to iTunes (do not syn

Yes, if you have synced with iTunes before the update. If that's the case you have to delete the updated app from the phone, connect phone to iTunes (do not sync or transfer purchases) and copy over the old app from iTunes to phone and it will restore the old version + app data.