Yes, unfortunately the OI has problems with keeping up with all the non-standard updates coming out of Microsoft.
You should use my Office Updates Downloader http://cpu.reboot.pro/viewtopic.php?f=20&t=759
, to get the necessary updates for 2007 (or any others that you want) and in those downloads is a small batch file to extract and rename if necessary all patches into a folder called updates, then you just need to copy those into the updates folder in your source of 2007.
Until there is some active maintenance of the OI I have found this method the best workaround until siginet can get the OI updated.
Hope that helps