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Apple has posted Quicktime 7.4.5 to Software Update that includes 11 security fixes, three of which only impact Windows systems. Some of the vulnerabilities can lead to arbitrary code execution (i.e. bad people can run programs on your system) by just tricking you into viewing specially crafted content. While that may seem unlikely to you – “I never click on bad things!” – you can become compromised just by visiting a site that displays ads from a source that has had their image/media server usurped.
iTunes 7.6.2 “provides bug fixes to improve stability and performance.” One of Apple’s least-helpful (and, these days, all-too-frequent) software update explanations.
Similarly, Front Row 2.1.3 “provides for bug fixes and improved iTunes compatibility.”
Reboot required, so plan ahead.
If you experience any issues post-update, drop a note in the comments.