Hi Scott,
I'm not sure about Office 2007 support, but from my experiences upgrading from 7.0 to 7.0SP1 ensure that your database permissions/owners are not changed. This can alter the names of stored procedures and views within the EV databases in SQL.
The names may change from DBO.<name> to DOMAIN\SERVICEACCOUNT.Name and certain functions may go awry, so keep an eye out for this one by checking the Views and Stored Procedures in SQL post-upgrade.
Regards,
10e