While still far from the finished product, Chris Roberts from Cloud Imperium Games has announced that Star Citizen’s Arena Commander mode has been updated to Version 0.9.2.
This long awaited patch may not add any new ships to the mode (Although the Gladius is now available in Hangar Mode), but does provide many enhancements including targetting improvements, a new Enhanced Stick Precision (E.S.P.) feature for Gamepad/Joystick users, a few flight control additions for all control types and more.
For more detailed information, check out the Patch Announcement and Change Logs for v0.9.2.