Microsoft releases cumulative update #7 for SQL Server 2008 R2

Microsoft releases cumulative update #7 for SQL Server 2008 R2. After this update, your SQL will have version 10.50.1777.0
You can check this by running query:

SELECT  SERVERPROPERTY('ProductVersion') as ServerVersion

You can find article related with this Update on Microsoft page: http://support.microsoft.com/kb/2507770.
Most critical fixes:

Database Engine :

• Error message when you try to bulk insert data into a table that contains a DATE type column that uses a US date format in SQL Server 2008 or in SQL Server 2008 R2: "Bulk load data conversion error
• "CPerIndexMetaQS::ErrorAbort - Index corruption" error when you try to update a partitioned view in SQL Server 2008 R2
• A common table expression-based query that uses the CHANGETABLE function runs very slowly in SQL Server 2008 Service Pack 1 or SQL Server 2008 R2
• A query that uses the DATEDIFF function may run slowly in SQL Server 2005 or in SQL Server 2008 or in SQL Server 2008 R2
• SQL Server Agent job runs incorrectly if it is scheduled to run every hour on the last day of every week or month in SQL Server 2005 or in SQL Server 2008 or in SQL Server 2008 R2
• Error 7359 when you run a query against a user-defined function or a view that uses a synonym on a linked server in SQL Server 2005, SQL Server 2008 or SQL Server 2008 R2
• Assertion error when you try to recover a database in SQL Server 2008 R2
• "There is no function '{urn:schemas-microsoft-com:xml-sql}:variable()" error for an XQuery query that updates the value of an XML column in SQL Server 2005 or in SQL Server 2008 R2
• PowerPivot window does not open when you open an .xla or .xlam file in Excel 2010 if PowerPivot for Excel 2010 is installed
• SQL Server Browser service periodically does not respond to incoming requests
• Application performance issue when a query references temporary tables that are created in a session in SQL Server 2008 R2
• The Intellisense feature in SQL Server Management Studio for SQL Server 2008 R2 may stop working after you install Visual Studio 2010 Service Pack 1

Reporting services:

• Performance decreases after you move a large report to SQL Server 2008 R2 Reporting Services
• Report builder 3.0 stops responding after you run a query more than two times against a report model in SSRS 2008 R2
• Performance decreases after you move a report that contains a large multi-select drop-down parameter list to SQL Server 2008 R2 Reporting Services

SSIS:

• You can now use Package Installation Wizard (Dtsinstall.exe) to run the deployment manifest file of an SSIS package when SSIS 2008 or SSIS 2008 R2 is not installed
• Column of a Flat File source is not imported if the next column data is one byte longer than the output column width in SSIS 2005, SSIS 2008 or in SSIS 2008 R2