My pleasure, Nanner.
I've the limited MSDE running on my system while I learn ADO.NET and ASP.NET.
I ran across a mention of the MBSA in a white paper. So last night I DLed the thing and ran it. It alerted me to the lack of a security patch for SQL Server2000 and MSDE that the regular Windows Update site failed to catch. It also does a very thorough analysis of IIS security and directory security issues. I recommend this tool for anyone doing IIS, SQL/MSDE, or other web/IT development or network services on their machine.
Best,
Jerry