Anyone know when they'll roughly release the 50mm 1.4 and the 85's? Like a rough estimate? Early next year or late 2012?
These are patents, not products. Canon has close to 2500 patents published per year, so obviously, only a small percentage ever see the light of day as products (and many are not intended to, but rather to constrain the competition).
The 85/1.2 II is relatively recent, and Canon hasn't updated any
non-L EF primes except the 50/1.8 II, and that was to make it cheaper to produce, and was before dSLRs were a consumer product. Today's 'typical' consumer wants zoom lenses and/or cheap lenses (<$250), and uses an APS-C camera. So, I honestly doubt there is much of a market-driven need to update the non-L EF primes (except perhaps a 50/1.8 III for even lower production costs of that very popular lens).