That's the news, first reported by Sam Caplan at Five Ounces of Pain and later confirmed by Ariel Helwani of Versus.com. My own speculation is that the organization's previous talk of putting WEC 41 on pay-per-view was something of a trial balloon, and that the feedback from fans led the promotion to think pay-per-view would not be successful.
So Versus gets to televise one of the best MMA fights of the year, a fight that will likely draw the highest ratings in WEC history.
I still think the WEC will eventually put fights on pay-per-view, maybe even this year, but it's not there yet. It would need a card that's really stacked -- maybe the Brown-Faber winner defending his title, Miguel Torres defending the bantamweight title, the first WEC flyweight title fight, and a couple more fights beyond that. So the good news is that everyone can watch this great fight for the cost of basic cable.