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A new printing hotfix rollup was released that updates the core print spooler components localspl.dll, splwow64.exe, spoolsv.exe, win32spl.dll, and Winprint.dll. This rollup is designed to reduce known issues such as printing performance, print spooler crashes, connectivity to print queues, and print driver installation.
To download the update and get more information on the fixes included in this rollup, please see KB article 2647753: Description of an update rollup for the printing core components in Windows 7 and in Windows Server 2008 R2
Many of the printing related support cases at Microsoft are resolved by one of the included hotfixes. We highly recommend installing this hotfix rollup when troubleshooting any printing related issues.
Is this avaiable through WSUS?
At this time there are no plans to make this available on WSUS
How are we supposed to deploy this update on 50 computers without having sccm ?
Check out this thread for some information on deploying updates without WSUS or SCCM.
Why is this not a WSUS update? It does not show up in SCCM under Software Updates.
Several people previosly asked about WU/WSUS. As of Aug 14 2012, 2657753 is now offered on Windows Update as a Recommended Update.
What are recommended settings for using a virtualized Win 7 Enterprise client as a print server?