Update: Rift 1.2 Hotfix 7

GENERAL

 * Raid warning text for certain boss abilities should appear immediately rather than fading in, so you have more time to react.
 * Fixed an issue with some quest items that had a use time and would give quest credit at the start of the usage instead of the end of a successful use.
 * Iron Pine Peaks: The missing Defiant quest for this zone is now available - 'Stay Frosty', my friends!
 * Runic Descent: Additional safeguards have been added to prevent rare crashes of this instance.
 * Item: Adorned Shadeshard: Stacks of the Spell Power bonus from this item now get properly removed for each successful cast.

LOOKING FOR GROUP

 * While waiting for a dungeon group, switching roles to one you did not select to play when queueing will no longer drop your party from the LFG queue.
 * The LFG ready check window should no longer remain on-screen even after you've left the LFG queue.

PVP/WARFRONTS

 * Diminishing returns immunity timers now end 15 seconds after the initial application of movement-impairing effects, down from 24 seconds.
 * Port Scion: Fixed an issue where players would sometimes not respawn properly at the Bridge when their faction controlled it.
 * Port Scion: Idol of the Planes, Idol of the Gods, Planar Capacitor, and Planar Flux icons can now be seen on the map from anywhere in The Battle of Port Scion.
 * Port Scion: Slightly adjusted the hit points of bosses and objectives.
 * You can once again remove members from a pre-made party while in a Warfront - and it won't kick them out of the Warfront raid and leave them all on their own!

UI/SETTINGS

 * Added a 'Unit Starting Price' field to the Auction tab of the Auction House. This lets you set a starting price per-item when listing a stack of items.
 * NPC casting bars should better match the actual duration of the ability being cast, fixing some cases where they showed an incorrectly long casting time.
 * Fixed a bug causing Artifacts with very long names to not show any Artifact Sets to add them to.

Source
http://forums.riftgame.com/showthread.php?196659-RIFT-1.2-Hotfix-7-8-00am-PDT-5-25-11-NA-2-00am-BST-26-5-11