On July 15, 2008 we released the Infrastructure Update: Announcing the availability of the Project and Project Server 2007 Infrastructure Update
Please find below the procedure to update a standalone virtual image (VHD).
Infrastructure bits can be found here
Ensure the Infrastructure Update got deployed properly using the following references to verify version numbers:
and Steven’s post: Migrated to MOSS 2007 SP1 or EPM 2007 SP1 .. checking your database schema version
overall the lucky number you should be seeing is: 12.0.6318.5000
PingBack from http://windows2008security.com/network-security/how-to-deploy-the-project-infrastructure-update-on-a-virtual-image/
The slide deck with an overview of the Project and Project Server 2007 Infrastructure Update has been
Just in case you hadn't picked this up on Christophe's blog.  There was a webcast recently covering