The Cumulative updates for October 2011 for both the 2007 and 2010 versions have now been released. Full details over on the admin blog at http://blogs.technet.com/b/projectadministration/archive/2011/11/02/microsoft-project-server-and-sharepoint-2007-and-2010-october-cu-2011-announcement.aspx
I’ve also included the usual details on the 2007 CU which was released last week (The packages containing SharePoint Foundation were withdrawn and re-released earlier this week).
Enjoy!