Tuesday, February 26, 2008, 01:00 pm
Apple releases software v1.1.4 for iPhone and iPod touch
Apple on Tuesday released software version 1.1.4 for both the iPhone and iPod touch alongside a set of release notes comprised of only two words: "Bug fixes."Users can download and apply the update by docking their iPhone or iPod touch, selecting it under the device list in iTunes, and then hitting the "Check for update" button.
AppleInsider readers are discussing the 162MB update in this forum thread.

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Looks like just a security/stability release.
Surely an SDK would come with much bigger fanfare and probably a full point release.