Mark Valledor from US Playstation.Blog writes:
"Today's post is going to get chessy….or Cornish Yarg-y, the code name for the 1.12 LBP game update. Check out some of the new things to expect with the update plus some other bits and pieces!
CORNISH YARG (aka 1.12 game update)
We don't yet have a fixed release date for this update, but it has now finished primary development so won't be too much longer. Additional fixes, particularly for online connection reliability and save game/profile size problems are already well into development and we'll bring you more news on that just as soon as possible.
This update addresses several outstanding issues with the game..."