Hi Joe,
Can you explain what this wording means in this KB article about the June for Office 2007? I'm not sure if it conflicts with what you're saying or not.
"A set of supported cumulative update packages are now available from Microsoft. However, each package is intended to correct only the applications that are listed in this article. Apply the packages only to systems that are experiencing these specific problems. If you are not severely affected by any of these problems, we recommend that you wait for the next update package that contains the hotfixes in these cumulative update packages. "