Off course not, but AT&T wants to make it look like they're doing us a favor by holding out on 4.1 for 4.2. There must be some political reasons why they're keeping the update from us.
AT&T has not said what version they will release. 4.1.2 over 4.1.1 in theory will give us the split screen that the Note 2 will be getting. That WOULD be worth holding out for, even if most people don't use it. This is why it would be fair if 4.1.2 was sent out only a month or 6 weeks after 4.1.1 was and there was a release delay as a result.