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Personally, I"d still go forward with a 4.1.11 launch and 3rd party apps.
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you stick with the known factor - 4.1.11 until 4.2 has the bugs worked out and the add-ons available (you'll still need them). We'll be installing and developing on 4.1 for the next 3 months at least.
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Thanks - am feeling that way as well.
There are really only wrinkles for the new guy because 4.2 does have some features built in that would be a great help - authorize/capture being one of them, SEO another (meaning an SEO conversion will likely be coming in the near future) and of course CSS. But when you factor in the bugs potential and add-on/theme waits, the real decision seems to be: Do it now with 4.1.11, or wait 3 months and see what's shakin'.
Plus, for the 3rd party apps I'm talking about, I'm relatively hopeful that they will find a way to adjust for 4.2 (even CDSEO?), and help out those who purchased their products before and during this transition.
I'm looking forward to hearing from some of these 3rd party app developers!
(though I believe that's a different forum...)