'Settings Update', it's meant to be installed as a fix over ICS. There are some other threads here with more info.
Update that fixes the battery auto mode 
that was missing in previous ICS OTA update
Sent from my HTC Sensation Z710e using XDA
that was missing in previous ICS OTA update Sent from my HTC Sensation Z710e using XDA
HTC Sensation ICS : Mise à jour mineure disponible http://bit.ly/HEp0o7 -- http://htc-hub.com (@HTC_HUB)
Sent from my HTC Sensation Z710e using XDA
Sent from my HTC Sensation Z710e using XDA
here are above mentioned posts
http://xdaforums.com/showpost.php?p=24674922&postcount=306
http://xdaforums.com/showthread.php?p=24674990#post24674990
http://xdaforums.com/showpost.php?p=24674922&postcount=306
http://xdaforums.com/showthread.php?p=24674990#post24674990
OTA server is offering 2 files:
{"apk":[{"className":"com.htc.lmw","versionName":"1.0.2117172954.102059","versionCode":100102059,"appName":"Uvolnit n..jak.. m..sto","appSize":417872,"description":"Uvolnit n..jak.. m..sto Aktualizace","icon":"http://apu-liveimage.htc.com/apu/icon.png-FI-3890.png","source":"http://apu-liveimage.htc.com/apu/LMW_release.apk-FI-3889.apk","timestamp":1312813221587,"apkId":16649,"optionalCount":0,"ableToUninstall":true,"rebootDevice":false},{"className":"com.android.settings","versionName":"4.0.2213332163.350357","versionCode":400350357,"appName":"Nastaven..","appSize":16334054,"description":"Nastaven.. Aktualizace","icon":"http://apu-liveimage.htc.com/apu/icon.png-FI-9162.png","source":"http://apu-liveimage.htc.com/apu/Settings_platform_releaseKey.apk-FI-9161.apk","timestamp":1333117939742,"apkId":17803,"optionalCount":0,"ableToUninstall":false,"rebootDevice":false}],"overall":{"apkNumber":2,"interval":1209600000}}
You can find out there that wizzard for low memory clean up and Settings application are there. You can download using URL (at your own risk). Current description in OTA response are in Czech, but don't worry it should be in right language for you ..
It is not flash - just application update so it should not have impact to S-OFF or other.. It can be unistalled as normal app update.
My Sensation XE is S-Off, but this came through as an OTA update which fixed various small errors etc.
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