Apple has released Mac OS X Lion 10.7.2 update seed to developer available on the Apple Mac Developers site to direct download, according to the BGR.
Unfortunately , OS X Lion 10.7.2 seed for Mac developers is not available on the regular Mac portal, but you can download it via direct link from the iCloud beta section.
However, no words or any other information related to its updates or changes available at the moment.
Apple may have release Mac OS X Lion 10.7.1 update any time soon as according to this report they have already preparing for the OS X Lion 10.7.2 which may includes something big and huge.
You can download OS X Lion 10.7.2 Build 11C26 (beta) from the direct link given below.