Well that was quick. :-) Apple has patched Snow Leopard Security Update 
2012-001 with version 1.1

http://www.macrumors.com/2012/02/04/apple-revises-snow-leopard-security-update-and-pulls-10-7-3-delta-update/

As a side note, the above article also claims that they have pulled the delta 
update to OS X Lion 10.7.3 and left only the combo update.

Cheers,
Carlo

On 05/02/2012, at 10:22 , cm wrote:

> Hi Muggers,
> 
> If you are running OS X Snow Leopard 10.6.8 and use some Rosetta 
> applications, including Microsoft Office X and 2004, older versions of Adobe 
> Photoshop, Quicken, and Filemaker 7, it seems you may want to hold off 
> installing Apples latest security update 2012-001. Some users are having 
> trouble with these and other Rosetta applications. According to MacRumours a 
> fix may be on the way.
> 
> http://www.macrumors.com/2012/02/03/snow-leopard-security-update-kills-powerpc-apps-using-rosetta/
> 
> Cheers,
> Carlo

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