UPDATE (June 26): Visual Studio 2012 Update 3 now available, which includes Update 2
UPDATE (May 3): Announcing availability of ISOs for Visual Studio Updates
Just an update to note that the steps outlined in my earlier post, How to: Install Visual Studio 2012 Update 1 Offline, are still valid for Update 2. The only difference is that the file you'll download is named VS2012.2.exe for this release.
Note Team Foundation Server and Team Foundation Server Express do not use this particular release of Update 2 (VS2012.2.exe). Instead, those products were re-released with Update 2 already included. The Update 2 release discussed here is for Visual Studio IDE-based products (e.g., Express for Windows 8, Professional, Team Explorer, etc.) and Test Professional. Other available updates are listed on the Visual Studio 2012 Update page.
Run the file you just downloaded using the /layout command line option:
Note Unlike running an installation of Update 2 over the web, which only downloads the packages needed for your installed Visual Studio products, the /layout command line option downloads all Update 2 packages.
Specify where to download the update packages:
Although it says Setup Successful!, all you've done is download the layout with the Update 2 packages (note that it reads, "...have been acquired successfully.")
In Windows Explorer, you'll see you now have another EXE file and a folder containing the packages. These are the items you want to: burn to a disc, copy to a USB drive, make an ISO, etc.
When you run VS2012.exe here without the /layout command line switch, you'll get the following:
Click More Information and you'll see a list of everything that will be updated or installed:
The Acquiring progress bar will go by fast since you have all of the files you need locally:
And this is real success message (note this time that it reads, "...have been installed successfully."):