Yes, the update has arrived on the console, bringing with it an enormous battle against Tiamat herself along with a host of performance improvements and quality of life upgrades. There’s also an entirely new zone to lead players down the narrative path to facing off against the big T herself. While it’s familiar to veterans of the desktop version, who have been playing the patch since last November, it’s new to the console, and there’s something be said for having some extra experience when taking on a five-headed dragon fueled by hate and spite.
Source: Perfect World Entertainment press release