During admin install are updates that is sp2 integrated during admin install or not?

Adding the hotfixes and updates:

#1 Download them all (Der)

#2 Goto Start --> Run and enter "temp"

#3 Leaving your temp folder open run each fix\update one at a time and COPY the .msp file(s) that appear in your temp folder to the "Updates" folder in your Office07 dir

That will autorun the updates during installation

The same goes for SP2...