Microsoft has released. The update fixes various vulnerabilities and security issues, boosts overall stability, eliminates a crash when using multiple Office 2011 applications, and enables Alt Text authoring.
Improvements to Excel include the addition of the Solver add-in, better reliability when read-only options are enabled, more stability when pasting large datasets, a fix for an issue saving documents with comments, better conditional formatting, and printing bug fixes.
New to PowerPoint is the capability to password-protect your presentations. Other PowerPoint fixes include improvements to Print Preview, better Save as Pictures functionality, and fixes for playback of recorded narration.
Outlook scores updates to its synchronization functionality, along with Resend and Redirect commands.
Word gets some love, too. The update eliminates a crash when opening files with non alphanumeric characters in their names, fixes an issue with Spell Check error messaging, improves Draft View, makes Find and Replace easier, improves Full Screen view, and resolves an issue with printing pictures.
Even more detailed release notes are available. (Free update, 246 MB)