Tully Ackland, the Community Executive for BioWare, announced a little earlier on his Twitter that SWTOR F2P will be going live on November 15th just in time for patch 1.5:

“So, the Star Wars: The Old Republic Free-to-play option is coming November 15, the same time as Game Update 1.5! “

Looks like it’s time to fire up my installer again!