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Global Template Management & 7.2 SP03?

Hi All,

I understand from many sources that the 7.1 Global Template Management concept is not fully functional as of 7.2 SP03 (or is it?). There some confusing information out there, some say, use branches as roll out projects, some say sites..etc. But till today, I have not come across a single comprehensive document which explains the concept of Template Management as of 7.2. Is this concept concept replaced in 7.2?  (if so, how to use the new concept?) OR is it available as of SP03, but we do not know how to make use of it?   OR is Template Management functionality yet to come to 7.2, may be in future releases?

I wish someone gives us a credible and a definite answer, not the bits and pieces of it that we have been getting so far.

Regards

Vivek

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