Microsoft announced yesterday the availability of Service Pack 3 (SP3) for both Office 2007 and SharePoint 2007.  In addition to new fixes, SP3 contains “all the Cumulative Updates and Public Updates for Office 2007 that have shipped since SP2 for both the Office client suites and applications, and the SharePoint server applications.” 

Additional details and download links to the new packages are available at: http://blogs.technet.com/b/office_sustained_engineering/archive/2011/10/25/office-2007-and-sharepoint-2007-service-pack-3-availability.aspx.