Apple has seeded developers with OS X Lion 10.7.3 build 11D16 for testing, reports BGR.
OS X Lion 10.7.3 build 11D16 Seed Note OS X Lion Update 10.7.3 is an update to OS X Lion 10.7.
Installation Instructions The OS X Lion 10.7.3 Update (Combo) updates - OS X Lion 10.7, 10.7.1 or 10.7.2 GM builds.
The OS X Lion 10.7.3 Update (Delta) updates - OS X Lion 10.7.2 GM builds.
Please be aware that you will not be able to revert back to your previous system after updating. Please install this update on a system you are prepared to erase if necessary.
Known Issues - None
Focus Areas - iCloud document storage - AddressBook - iCal - Mail