Also for the first time, the company predicted the likelihood that hackers would come up with exploits for each bug.

"The count's big," said Andrew Storms, director of security operations at nCircle Network Security Inc. Eleven of the 20 flaws were rated "critical," the top ranking in Microsoft's four-level threat scoring system, while eight were pegged as "important," the next step down, and one was listed as only "moderate." Today's update was the largest since August, when Microsoft issued 26 patches in 12 bulletins.

Storms identified two general themes in the latest round of patches. "First, there's still a pervasiveness of client application updates that doesn't seem to be diminishing at all, and second, Microsoft's newer software is still less vulnerable than its older."

On the first point, Storms ticked off updates that addressed three critical vulnerabilities in Excel and six critical bugs in IE, while for the second he listed several security bulletins that tagged Windows 2000 or older editions of Office as vulnerable, but gave newer versions of its operating system or applications either a pass or lowered the threat for users.

"Today's patches really continue to hammer the idea that the newer [Microsoft] software is more secure," said Storms. "If there was ever a reason to update to newer software, this is it. There's no reason not to update, for example, to IE7."

Storms highlighted two other updates that he thought should receive special attention, particularly by enterprise IT professionals. One, spelled out in MS08-060, affects Active Directory, while the other, MS08-059, affects Host Integration Server (HIS), a little-known corporate product that connects Windows-based networks to IBM mainframe and AS/400 systems. Microsoft marked both bulletins as critical.

"The attack surface is low for MS08-059, but the potential impact is high because HIS interacts with the critical back-office infrastructure that can't be down," said Storms. Today's patch was the first ever for HIS, a fact that didn't escape Storms. "Now there's an update that will affect administrators who probably wanted nothing to do with Microsoft," he said.

"And there will be a lot of discussion about the Active Directory vulnerability as well as the SMB bug, mainly because these are remote exploits," Storms said. "They're in the classic style, where just some data packets can compromise systems. For that reason, I think they will garner a fair amount of respect, and researchers will probably exploit that."