This week's Bungie Weekly Update is another question and answer session; this week covers the party system, future Halo 2 maps and the next Halo novel. The issue of the "sword flying" bug, where players are able to use the sword under specific conditions to make longer-than-usual lunge attacks (sometimes dramatically longer) is also addressed:

Sword Flying is a real and occasionally fun phenomenon. However, in multiplayer games, its practical applications are pretty limited. We'll be keeping an eye on that situation however, to ensure it doesn't become a common in-game exploit.

That's all except for the Mister Chief art.. which for your benefit we will not include.