I installed it on two Macs, along with a couple of other updates, and everything went as expected. My only problem was the download time for all the updates. Must have taken well over a day--not all at once of course. But the fault there lies with Telescum (aka Telecom New Zealand) not Apple.
Apple Security Update
for PPC OS X 10.4.11
Version: 2008-008
No problems here - Ancient_Boii_Tribe
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Sunday, December 23 2007 @ 10:31 AM PST