Alongside Mac OS X 10.7.4 and to address roughly the same set of vulnerabilities, Apple has released Security Update 2012-002 for Snow Leopard and Snow Leopard Server. The fixes revolve around the open source components of Mac OS X (including curl, Ruby, and Samba), directory services, and dealing with maliciously crafted files in ImageIO, QuickTime, and various other internal libraries. Unlike some other recent Apple updates, we haven’t seen any widespread reports of problems. (Free, 238.73/258.11 MB)
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Security Update 2012-002 (Snow Leopard)
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I recall reading somewhere (probably TidBITS) Apple staggers their software update notifications to keep their servers from being overwhelmed.