Definitely a thing, as I suspected. I just hope it's an "iOS 7.1". Pretty much only refinements in other words.
I feel like there's a chance at it being the new 7.1. We had all the 8.x updates because there were tons of new devices to add support for, and even add in features that just didn't make it to initial public release! iOS 9 as far as I'm aware, is finished with the main features and device support. 9.1 was our iPad Pro and Apple TV update. 9.2 I think can finally allow for refinements.