The above link says this about the update:
This security update was rereleased on November 11, 2015, for Windows 7 and Windows Server 2008 R2 to resolve the following issues:
Resolves crashing that occurred in all supported versions of Microsoft Outlook when users were reading certain emails.
Resolves problems that occurred while users were logging on to the system. For example, after a user restarted the computer and then pressed Ctrl+Alt+Delete at the logon screen, the screen flashed and then went black. The user was then unable to continue. There may be other, similar logon issues that are related to this issue.
Son-of-a-gun. They changed the information. I’m looking right at the declined update in my WSUS system, and it says something completely different.
FWIW, I haven’t see an update come through that supersedes the bad one.