Here’s the link where I found this information! Sorry to keep posting without thinking I might have more info... Just very tired!
More info on an update that was released for outlook 2007 called KB2412171
http://www.howto-outlook.com/howto/sendreceiveerrors.htm
Nothing worse than trying to trouble shoot your e-mail. Been there, done that! Frustrating to say the least. But, I do hope with some of our suggestions you are up and running again! Good Luck and Goodnight.....