Funcom has been planning Age of Conan Patch 1.0.6 for a while now, and recently gave us a look into what they have planned for this patch and beyond.
The patch went live today, and the full patch notes were presented with links to full explanations of each major new feature, as well as the Thoth-Amon's Stronghold, the new Tier Three raid instance. The much-discussed Guild Renown system was added with this patch, as was the Assassin revamp, raid loot token system, and changes to the crowd control system.
Quite a few smaller changes and bug fixes were added, and most classes received a few changes. The Age of Conan team took a look at PvP as well, making a few minor changes to mechanics, particularly in minigames.
The patch notes can be seen on the official forums, and be sure to take a look at the links included in the notes for further explanation.