By default, the Windows Update client records all transaction information to the following log file:
%windir%\Windowsupdate.log
If you receive an error message on the Microsoft Windows Update Web site or from the Automatic Updates service, you can use the information that is included in the Windowsupdate.log log file to troubleshoot the issue.
Visit
http://support.microsoft.com/kb/902093 for more information on how to read the log file