Had the same problem. Auto-save is causing the game to crash, and the new files show up as corrupt in the section on the ps3. To mostly eliminate this problem,

1. Go into the menu immediately after loading the game.

2. Navigate to system settings, and turn off all auto-saves.

Seems not to crash (only logged about 9 hrs. after this fix), but you have to remember to do a hard save now and then because if you die or there is another crash, you lose everything from the last hard save on.

All other bugs post 1.2 still exist however, but at least the game in now playable for those who were suffering from freezes and hard resets. Shakes head

***This also seems to fix crash issues associated with forges, arcane enchanters, smelters, etc.***

Thanks Pyre. This has been really, really bothering me the last few days.

I'll turn off all auto-saves and see if it makes things run smoother...

i'm going to try this bro thank you for this ill let know u know if this work

I had all of them off except for the save on travel. Once I turned that one off too, I have (so far) had no more freezes.

Thats how I played it prior to the patch and logged 96 hrs. but the lag started gettin worse again. Hoping the patch will help, but I am thinkin this game is gone as soon as I am done playingt it, I wont be adding onto it !