Patch 1.02 solves the lag but at great cost. Lighting and draw distance have taken a big hit and water now looks like a joke seen from a distance.
All they needed to do was clean up the mess, remove the old corpses and don't remember every little thing you misplaced or knocked over. Instead the graphics settings have been pared back by a lot.
Don't install this patch until you can't stand the lag anymore...







