The latest version of AIR is 1.5.2 and includes all security updates. AIR doesn't release separate patch or update files. The latest installer will update or install, as needed.
Thanks for your reply!
Adobe has separate security downloads for Acrobat, Reader, flash, and shockwave (for instance).
So Adobe's official updating/patching strategy for Air is to download and reinstall it every time?
I hear there are going to be some security updates/enhancements in the future which is why I am asking.
I read through your reply one more time and am going to test this to see if it will update Air with the latest installer.
50M is pretty big when most .MSP patch files are in the 10M range or less.
The latest AIR installer is only a 15MB download.