The February 2012 CUs have been released and you can see the announcement here on the Project Administration Blog:

Here are the KB article numbers for Project and Project Server versions:

Project Client 2010 = KB 2597942
Project Server 2010 = KB 2597932

Project Client 2007 = KB 2597955
Project Server 2007 = KB 2597960

Here are the links:

Description of the Windows SharePoint Services 3.0 Cumulative Update Server Hotfix Package (WSS server-package): February 28, 2012
http://support.microsoft.com/kb/2597959

Description of the SharePoint Server 2007 Cumulative Update Server Hotfix Package (MOSS server-package): February 28, 2012
http://support.microsoft.com/kb/2597958

Description of the Project Server 2007 hotfix package (Pjsrvapp-x-none.msp, Pjsrvwfe-x-none.msp): February 28, 2012
http://support.microsoft.com/kb/2597960

Description of the Project 2007 hotfix package (Project-x-none.msp): February 28, 2012
http://support.microsoft.com/kb/2597955

Description of the SharePoint Server 2010 and Project Server 2010 Cumulative Update Server Hotfix Package (MOSS server-package, Project server-package): March 2011
http://support.microsoft.com/kb/2597152

Description of the Project Server 2010 hotfix package (Pjsrvwfe-x-none.msp): February 28, 2012 [Only required if you do not install the Server Rollup.]
http://support.microsoft.com/kb/2597138

Description of the Project 2010 hotfix package (project-x-none.msp): February 28, 2012
http://support.microsoft.com/kb/2597942

How to Use a Default Counter Template to Capture perfmon Data.

Go to Start > Run and type perfmon, then hit Enter.

Expand Performance Logs and Alerts.

Click Counter Logs.

Right click in the space on the right and select New log settings from…

Path out the location of the .htm files from the attached .rar file (just about any file compression tool should be able to unzip this file).

Select Server Capture Template.htm and click Open.

Specify a capture log name and click OK.

Change the Interval to X minutes and set the Run As user to a service or user account with password.

Click OK.

Right click the new counter log and choose Start.

TechNet
Webcast: Information about Microsoft Project and Project Server February 2012
Software Update (Level 200)

Tuesday,
March 13, 2012 - 8:00 AM - 9:15 AM Pacific Time

Adrian
Jenkins, Escalation Engineer, Microsoft Corporation

Brian
Smith, Senior Support Escalation Engineer, Microsoft Corporation

https://msevents.microsoft.com/CUI/EventDetail.aspx?EventID=1032493966&Culture=en-US