Service Pack 2 Updates for the 2007 Microsoft Office
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Microsoft has released the Service Pack 2 updates for the 2007 Microsoft Office System, the 2007 Microsoft Office servers, and Windows SharePoint Services 3.0., and it's currently available from the Microsoft Download Center. SP2 Update is 290 MB in size
In Microsoft Office Outlook performance improved in Startup & Shutdown I also notice Faster IMAP & POP access, faster Folder renderings o overall Outlook performance improved.
In Excel Adds a chart object model to Word and to PowerPoint, Adds conversion rates to the Excel Euro Currency Tools.
In Microsoft Office Word main two updates are support for the Open Document formats in Word (.odt), Excel (.ods), and PowerPoint (.odp) & Microsoft office can able to publish copy of a document as PDF & XPS formats
In OneNote tray notification icon was previously dismissed, the icon will now appear in the notification area. Additionally, this icon can now be dismissed only in the Options dialog box in OneNote.
In Microsoft Office Access it lets you export reports to Microsoft Office Excel & It supports memo fields in the mailing label wizard for addresses.
Microsoft Office Groove synchronization improved & Optimized.
For a detailed look check the Description of 2007 Microsoft Office Suite Service Pack 2 (SP2)