You know, There is a sticky thread for all lantern torch related things at the top of the page. Also the lanterns are hiding in Notch's diabolical laboratory being coded.
That thread , specifically the first post, needs to be edited to hold relevant information about when and what exactly notch has said about torches since he had abandoned attempts at including torches for the Halloween update. Anybody interested in that information has to read through about 31 pages of posts, much of the info not about the information in question.
Much of the information is about potential recipes.