More info on November 2008 update ...

After installing the November 2008 update on your home server, your home server will be rebooted and you should see the Version Information incremented to 6.0.1800.24 in the Windows Home Server Console - Settings - Resources page for several of the components:

Version Info (November 2008 update)

Additionally, after installing the Windows Home Server Connector software with Power Pack 1 you were given the choice to automatically install new updates of the Connector software from your home server to your home computers.  The November 2008 update requires an update to the Connector software, but it is more or less automatic (assuming you took the option for 'automatic updates' during the initial installation of the Connector software).  After the home server reboots, my home computer showed this message:

Connector upgrade

After rebooting my home PC, everything is back up and running.

t.