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Have you tried just running this command in an administrative command prompt: C:\Installs\LANDESK960-SP2-Console-2of2\Updates\3\setup64.exe /wrapped_ui
I took out the /s so you can see what it tries to launch and prompt an error for you to see.
I didn't try that but I did manually install each part of the update and that seemed to work without a hitch. Thanks for your help though.