I thought Update #2 was suppose to come out after some award show in late August...it's nearly October now and still no update...what gives? Does anyone know or have any insight? Been waiting to play until it's ready :(

Next major patch is supposed to come out before London MCM ComicCon 25 October

From Team FOLON:
For those eagerly awaiting news about the upcoming patch, we're happy to share that it should be out before Comic Con! We know we said it'd be soon and yes it's taken a little longer than expected, but it's for a good reason - we've brought in some external help to improve performance, facegen data, and LOD and it took awhile to get them up to speed, but wow the difference. This update (and accompanying video) will offer HUGE improvements and we're glad we held off to ensure all these enhancements are included in one patch!

To see the progress and fixes on the patch, please check:
https://docs.google.com/spreadsheets/d/1qTHHRBjaKituLhWsOBQtYsH1oXkZQljkQNaiHTyfNRY/edit?usp=sharing

Thanks! Very good news to hear indeed! I'll continue to wait patiently then :)