Kernel upgrade

Hi,

I am performing upgrade of solution manager 7.0 SPS 17--> 7.0 EHP1 SPS 23 with db MSSQL 2005 on win2k3 server. After doing kernel upgrade I can see the sapcpe.exe service in red in SAP MMC and thus both the boxes are showing red but I can login into SAP server and it is showing the previous kernel only in the status. I also checked note 684106 which asks to update vcredist_x64.exe for 7.01/7.10 but the problem is I have one more SAP server release 7.0 on the same server which could create problem if I update the dll as per note 684106. Please suggest if I run the vcredist_x64.exe, will it effect my 7.0 release SAP.

Regards,

Mridul