When I started up my laptop (from hibernation) Automatic Updates presented two security updates, one for IE7 and one for VS2008. The last one is KB971092. I installed both and rebooted the system.
When rebooting was complete Automatic Updates came up with KB971092 again. Again I installed it, The installation was reported as successfull and no reboot was required. But soon after I closed the update the Automatic Updates shield showed itself again in my system tray, again with KB971092.
I downloaded the update from here: http://www.microsoft.com/downloads/details.aspx?displaylang=en&FamilyID=294de390-3c94-49fb-a014-9a38580e64cb and tried to install that one. It came up with this error message:
"VC Libraries QFE Patch does not apply, or is blocked by another condition on your system. Please click the link below for more details." That link directed me to http://support.microsoft.com/kb/971092, not very helpful.