For what you are waiting? New patch not mean new LFS version (S3 or so...)
New patch bring some updates and new tyre model physics (but this one is also very good at today). But most things stay original. You not will seen new cars or tracks or objects or any visible things. LFS is not NFS where only visual updates are "updates". LFS is simulator and there are many things what should be updated and developed, but not all are visible. For what yor are waiting? If you are waiting every few months for new game, then play NFS or some similar game for children. LFS is racing simulator what need more precission work, but not as NFS or other screenshot generators. Even LFS is programming ONE MAN who do very nice job (plus 2 guys for graphics and web), and not 100-200 team members who doing only graphics, but no physics, and with 100 marketing managers with no real technical job on the final product.
Please, not awaiting new game with big changes from 1 programmer, but play with existing simulator, and you will pleasure from every small, but big value update when new patch is comming (when it will done). There are many things what need to do in LFS, but it need many time for 1 programmer. But final product from 1 programmer is most clean and stable, not as from 100 member team who generated big 50MB XY.EXE file with many not effective and not clean code, with 5GB final product with 5 min load time, and with no physics. If you want it, then go play NFS. But LFS is product of 1 programmer and 2 additional people for graphics, sound and web, and he are doing most clean and better product as some other screenshot generator teams with 100 members.
There are many things to do for 1 programmer, please leave him to work on this nice product, and not be impatient.
Suggested improvements log:
http://www.lfsforum.net/showthread.php?t=2626
This all need to do.