Just the other day, Microsoft released Microsoft Office 2010 Service Pack 1 (SP1). To deploy the update via software distribution in System Center Configuration Manager (SCCM / ConfigMgr) 2007, or simply via script, you can use the following command line:
officesuite2010sp1-kb2460049-x86-fullfile-en-us.exe /quiet /norestart
As a best practice I always try to use any available logging parameters, however in this case, it didn’t work. I’ve had some challenges with other Microsoft update executables before, where they do not interpret the /log parameter correctly. This held true for the Internet Explorer 9 (IE9) installer as well.