MS released the SP2 for MOSS 2007 and WSS 3.0. Grab them here
For New installation grab the slipstream version of
WSS 3.0 with SP2 x86
This release of SP2 was more of performance Tuning, Interoperability Fixes and preparing for SharePoint 2010.
FYI: If you want to include any Service Packs in to the Windows OSes, check out this SP2 Slipstreaming into Windows XP blog or for the latest SP3 Slipstream in to XP installation CD check out this article
To keep all the files in a SharePoint installation up-to-date, the following packages need to be applied on all servers in the farm. Service Pack 2 contains all fixes released through February of this year, so customers can install it directly on RTM build of the products.
- Service Pack 2 for Windows SharePoint Services 3.0
- Service Pack 2 for Windows SharePoint Services 3.0 Language Pack (if applicable)
- Service Pack 2 for Office SharePoint Server 2007
- Service Pack 2 for Office SharePoint Server 2007 Language Pack (if applicable)
After applying the preceding updates, run the SharePoint Products and Technologies Configuration Wizard or "psconfig –cmd upgrade –inplace b2b -wait” in command line. This needs to be done on every server in the farm with SharePoint installed. The version of content databases should be 126.96.36.19921 after successfully applying these updates.
For more in-depth guidance for the update process, we recommend that customers refer to the following articles. These articles provide a correct way to deploy updates, identify known issues (and resolutions), and provide information about creating slipstream builds.
Deploy software updates for Windows SharePoint Services 3.0
Deploy software updates for Office SharePoint Server 2007
Create an installation source that includes software updates (Windows SharePoint Services 3.0)
Create an installation source that includes software updates (Office SharePoint Server 2007)