My Sims 3 Blog: Dec 14, 2011

To install this update, please start your game and use the “Updates” tab in your Launcher.

This game update includes the following changes:

Pets Updates

When adopting a dog, you will now be shown whether the dog is a Little Dog or a Large Dog.
You will now be warned that your Pet cannot have both the Immunity and Vomit Machine Lifetime Rewards at the same time .
Knock down wall sound effects properly play now .
Camera will now properly display entire pet body when using Randomize to switch between Small and Large dog bodies in Create a Pet .
Fixed several translation errors, typos, and general text issues for in-game text.
Fixed the pre-set patterns for an adult horse saddle .
The Disable Autonomy for a Selected Sim option now persists across multiple game sessions .
Text for the Memory of a Bird Dying no longer refers to the Sim as dying .
The Locate Prey interaction is now available on the ground as well as the cat .
Chased Mailman is now properly set as a Memory .
Attend Riding Class interaction now displays proper icon .
The Chase Someone wish now displays the proper icons .
Have First Kiss Ever Wish now properly displays icon .
Horse Granola can no longer be sold at the Grocery Store .
Read A Book About Riding Wish now displays proper icon .
Added several Child trait animations .
Fixed issue found when players go to the Main Menu while the horse is jumping an obstacle .
Fixed issue where Clueless Sims would unnecessarily dismount and unsaddle their horse .
Route failure while Galloping Around or Going for a Ride on a Horse have been significantly reduced .

Read more at The Sims 3

Thanks, Cameranutz II:)

Also there's this about the new patch at Sims VIP. Thanks, Anon:)

1.29 Patch Triggers In-Game Advertising/Purchasing

I did patch my game and haven't tried it out yet but did notice this new folder below in my my Electronic Arts/The Sims 3/Featured Items folder right after patching.