http://www.callofduty.com/board/viewtopic.php?f=72&t=346952&sid=igbr826p48eli7mllhe9frhn82
Basically says it takes 2 weeks minimum just to collect all the information they need to start the patching process.
Another week for internal testing of the patch, then another week to submit to Sony/Microsoft for approval, then a few days to release it.
These time frames are estimates, and could well take longer. I figure Crytek wouldn't announce anything on here until they have completed the internal testing stage, or maybe not until they are about to release the patch.
That makes sense because you don't want to announce something and then have to change your announcement because new problems have arisen. It would look unprofessional.
Alot of people are wanting them to just fix their problem NOW, like lag/matchmaking, but there are probably numerous issues that people are having, and Crytek wants to patch as many problems as they can with one patch.
As much as i want a patch yesterday, realistically we probably have another 2-3 weeks before we hear anything on a major patch.