Mac Rumors posted a news story that Apple today posted a new support document acknowledging the daylight saving time bug being experienced by iPhone and iPod touch users on iOS 4.1 in a number of countries.
Apple Australia had previously stated that the bug would be addressed in an "upcoming software update", and Apple has since confirmed that iOS 4.2 will carry the fix.Apple Support Acknowledges iOS 4.1 Daylight Saving Time Bug