If like me you update and deploy software to new workstation on a regular basis you will quickly grow tired of installing MS Office and then installing the latest service pack. This quick guide will assist in slipstreaming the latest service pack (SP2) into MS Office 2007. I will assume that you will be installing office from a network share and have already copied the entire contents of the CD to this folder.
Download the standalone installer office2007sp2-kb953195-fullfile-en-us.exe to a temporary folder (c:\tmp)
Create folder called Updates (C:\Updates)
Open a command line window (CMD) and type the following on one line:
Agree to the EULA and then close the Installer when completed.
Move the contents of the C:\Updates folder to the Updates folder in your Office 2007 install folder structure.