As a result of one of the more recent core updates for oracle content server the actual update screen has several new pieces of data available to help you with the install. I am not exactly sure when these pieces started showing up in the component update screen but they are very handy.
There is a marker for current status along with the bundled version marker and installed version marker which help you compare your installed version with the new version inside the core update. This will help you make the decision as to whether or not you should place a checkmark in the checkbox thereby installing the component coming in from the core update.
My thanks to whomever got this in place.