I received the email this morning about this Secunia update.
This updated release is ok, I guess... my problem with it is the amount of info provided. Much less. gHacks didn't like this "dumbing down" approach, and neither do I.
It's still ok, in fact it's a great program - as it will scan on demand and notify of program updates... but an important thing to remember is that it will only notify about non-Microsoft programs.
Thanks for this post, coffeegrinder.