The 1.1 patch has been changing/mutating on what it was going to be. It was supposed to be out in October, then slid to the start of November and finally pushed back further as Kael came on board and they kept adding to what the patch was going to fix.
I got Elemental when it first came out and it was in far worse shape than Civ 5 was. The game has a lot of promise, but seeing the link to Master of Magic (what was supposed to be the inspiration for the game) was almost impossible and clearly there were several game balance issues along with bugs, etc. They got most of the bugs out so the game runs fairly well, but a lot of the game mechanics are just flat bad.
I think 1.1 will be a quick fix to change several aspects of the game mechanics, but it is going to take Kael awhile to get the mess fixed and get things back on track. Star Dock also went from offering the first expansion for free to existing customers to now offering the first two expansions for free.
I suspect a lot of things will get fixed with the first expansion, but there are a lot of parallels with what happen at Star Dock and what happen with Civ 5 in that both companies laid people off a couple of months before release and both released games that were not even close to being ready to go, although I think Civ 5 was the more complete product of the two. Star Dock in particular has had to hire people back and brought in Kael to fix the mess.