you keep saying that the update is near completion, can you post a link to your source?
we have no idea what state the update was in, or when IG stopped working on it. it's just as possible they hit a wall and that's why TT went out of business.... ok, probably not but who knows.
I want the update just as much as everybody else, especially as I'm on xbox but we really just dont know.
I'm hoping for option 4, seems like a waste of time and money in the courts to get the rights back at the end of the console generation.
edit: this is assuming that a resolution will take us well into next year, if they can get it sorted sooner.... that would be awesome. usually when lawyers get involved it tends to drag on and on.