Currently working on patch 4.0 and these are some of the changes coming:

The Frogs in the Bog trigger random encounters.

Giant island now has monsters for non-random encounters.

Cutscene with Ray in Mt.Fubi now triggers the Light/Dark Dragon choice.

Light and Dark Points added based off Morality choices.

Light/Dark Dragon Tree added.

Fire, Ice, Lightning, and Earth Whelps and Dragons now have a Claw attack that uses CB to drain life and inflict Status Ailments.

Rebalancing and rework on some useless Skills in trees.

Monster Sprite Update.

Barubary in the final fight is scaled correctly. 

Ryu face bug on Auto-Save fixed.

Additional Oils and Gem rebalancing.

Camp Scene and what you can do in it revamped.

Add Yua as party members instead of invisible one.

Will share more as patch progresses...