Here are the last 30 lines of my log, I went and downloaded 2 of the updates
via the downloads page, and was able to install them with no problems.
2004-12-21 12:27:15-0800 1064 43c WU client calls back to search call
WindowsUpdate with code Call complete and error 0
2004-12-21 12:27:15-0800 1064 43c WU client completed and deleted call
{6C324A34-F45D-4E49-BA62-F232E1E0D0F3}
2004-12-21 12:27:17-0800 1064 594 WU client persisted 2 download calls
2004-12-21 12:27:17-0800 1064 594 WU client succeeds
CClientCallRecorder::BeginDownloadUpdates from WindowsUpdate with call id
{4BCAD434-D0D5-4A43-8714-9D4D7A9F732F}
2004-12-21 12:27:17-0800 1064 540 WU client executing call
{4BCAD434-D0D5-4A43-8714-9D4D7A9F732F} of type Download Call
2004-12-21 12:27:17-0800 1064 540 Dumping out update 1 of 2
2004-12-21 12:27:17-0800 1064 540 title = Security Update for Windows XP
(KB885835)
2004-12-21 12:27:17-0800 1064 540 dumping updateId
{CD648F0E-2CF5-472D-A731-9BC827DC8CB4}.100 bundling 1 updates
2004-12-21 12:27:17-0800 1064 540 bundled update No. 1 is
{1386CDBF-A8ED-41BD-A965-5A1D78BBFF61}.100
2004-12-21 12:27:17-0800 1064 540 Dumping out update 2 of 2
2004-12-21 12:27:17-0800 1064 540 title = Security Update for Windows XP
(KB885836)
2004-12-21 12:27:17-0800 1064 540 dumping updateId
{BBE805EE-2CF7-4110-9BE8-4FE32B144E5A}.100 bundling 1 updates
2004-12-21 12:27:17-0800 1064 540 bundled update No. 1 is
{A13230F5-0B6A-4857-9E4E-6B5FC174A319}.100
2004-12-21 12:27:41-0800 1064 8c0 WU client persisted 2 download calls
2004-12-21 12:27:41-0800 1064 8c0 WU client persisted 2 download calls
2004-12-21 12:27:43-0800 1064 8a8 Error 80072efd occurred while downloading
update; notifying dependent calls.
2004-12-21 12:27:43-0800 1064 540 REPORT EVENT:
{CC0531C0-B818-4EC2-8928-5C224B0475E1} 26 2004-12-21
12:27:15-0800 1 147 101 {00000000-0000-0000-0000-000000000000} 0 0 WindowsUpdate Success Software Synchronization Agent has finished detecting items.
2004-12-21 12:27:45-0800 1064 874 Error 80072efd occurred while downloading
update; notifying dependent calls.
2004-12-21 12:27:45-0800 1064 540 WU client calls back to download call
{4BCAD434-D0D5-4A43-8714-9D4D7A9F732F} with code Call Aborted and error
0x8024000b
2004-12-21 12:27:45-0800 1064 540 WU client completed and deleted call
{4BCAD434-D0D5-4A43-8714-9D4D7A9F732F}
2004-12-21 12:27:45-0800 1064 540 WU client persisted 1 download calls
2004-12-21 12:27:48-0800 1064 8b4 Error 80072efd occurred while downloading
update; notifying dependent calls.
2004-12-21 12:27:48-0800 1064 8c0 ISusInternal API failed
CClientCallRecorder:

isconnectCall with error 0x8024000c
2004-12-21 12:27:48-0800 3956 e1c ISusInternal:

isconnectCall failed,
hr=8024000C
2004-12-21 12:27:54-0800 1064 874 Error 80072efd occurred while downloading
update; notifying dependent calls.
2004-12-21 12:27:59-0800 1064 8a8 Error 80072efd occurred while downloading
update; notifying dependent calls.
2004-12-21 12:28:27-0800 1064 8c0 ISusInternal API failed
CClientCallRecorder:

isconnectCall with error 0x8024000c
2004-12-21 12:28:27-0800 3956 e1c ISusInternal:

isconnectCall failed,
hr=8024000C
2004-12-21 12:32:45-0800 3536 dd4 Out of proc datastore is shutting down
2004-12-21 12:32:47-0800 3536 dd4 Out of proc datastore is now inactive