Just to let everyone know...

Skyrim Patch 1.5 has been officially released for Xbox 360 and PS3.

(Source: Bethblog Post)

This one has been quite a while coming. No word yet on what bugs it has fixed, yet.

There are reports (see comments below) that this update may cause some game-freezing issues when entering water.

~Timeoin

(Yes, I know, its a short update for you this time. I've been working a lot the past few days)