How to update to 10.7.4:
1. Update (Combo or Software update).
2. Boot into USB
3. Rerun finalize
4. Reboot into your installation. Done.
kernel.log gives some error messages regarding SMC::smcReadKeyAction and SMC::smcInitHelper in 10.7.4 but it doesn't seem to have any adverse effects.
I am currently on 10.7.3 (my mobo is P35-DS4) after using your way to install lion, but I used this tool to enable OpenCL. Will your guide "how to update to 10.7.4" still work or do I have to do any extra step? Thanks for help.