The no-cd patch v1.2 is obviously not v1.2, but 1.1
Three facts I tested hint to this statement:
1) The AGILITY/DEXTERITY swap bug has been introduced in official patch 1.1 and fixed again in official patch 1.2 (it is back with no dvd crack 1.2)
2) With patch 1.2 it is possible to use throwing weapons (in 1.1 and the no dvd crack 1.2 it is not possible)
3) With patch 1.2 it is possible to use dual close combat weapons with a ranger lev2 (with 1.1 and the no dvd crack 1.2it was not possible)
Summary: With the 1.2 no dvd crack none of the bugs that have been fixed with official 1.2 patch are fixed, so it is identical with official 1.1 NOT official 1.2