buzz word on the streets is that the patch will come out about the same time as the cod2 tools. There are very good inidcations (though nothing 100%) that this will take place end of January, so the patch not long after.
I spoke to someone at IW who told me in good faith that the patch was due out 15th Feb.
Personally I was wondering if they were even going to release the patch, and I read the other thread about the editing tools... I cant wait! :)