Latest AMD Catalyst Video Driver for Windows 7

You referring to the catalyst version number? If so it usually isn't included in hotfix drivers, and as a result will show version number of whatever the last installed was. That line will also not be there is there was nothing before (clean Windows install, or driver cleaner of some kind) the hotfix was installed.

OK so I updated to the latest version and I have to admit I haven't had any problems yet.

First time I updated in several months in fact. I'll continue to use the latest driver and if I don't have any problems I'll keep it, if I experience any problems I reverting back again!

11.7 now available,

64 bit - ATI Radeon

32 bit - ATI Radeon

Release notes - AMD Catalyst

And as an added bonus, 11.8 Preview for those that like to live on the edge,

AMD Catalyst 11.8 Preview Driver (8.880.3 July 11) - Guru3D.com Forums

AMD Catalyst Control Center / AMD Vision Engine Control Center 11.8 Driver Preview Features:
The following download provides the following features in addition to the AMD Catalyst Control Center / AMD Vision Engine Control Center 11.7 driver release

• Enables AMD HD3D technology support on DisplayPort panels, such as Samsung 750 and 950 series 3D displays
• Improves performance:
  
  -Up to 10% in Crysis 2 DirectX 11 version for both non-Anti-Aliasing, and application enabled Anti-Aliasing cases on the AMD Radeon™ HD 6000 and AMD Radeon HD 5000 series of products
  -Up to 8% in Fear 3 DirectX 11 version with application enabled Anti-Aliasing on the AMD Radeon HD 6000 and AMD Radeon HD 5000 series of products
  -Up to 30% when AMD’s Morphological Anti-Aliasing (MLAA) is enabled through the Catalyst Control Center on AMD Radeon HD 6000 and AMD Radeon HD 5000 series of products