1.1.2 Confirmed for Rollout Tomorrow, Friday
Pocket-lint has received confirmation that 1.1.2 WILL in fact launch as an update for ALL iPhone users tomorrow via iTunes.
If you are unlocked or modded, you should give it a few days for the existing modding software to come about. This is a minor update, so most modding applications should not need heavy tweaking to continue working. The TIFF exploit WILL be fixed in this update, however, so jailbreaking will be tough again for a bit.
Hang tight ya'll, for now we're the mice.