It also tends to be bad for the above average users here, most firmware patches tend to rely on windows software to install which is sub optimal when you've installed linux on the machine.
Going forward there need to be easy ways to update all of this stuff. These flaws won't stop coming out. It would be great if they got installed with OS updates, but I can understand if there's a security problem there.
EDIT: So looking into it, it seems that CPU microcode is indeed the firmware, and I presume that the firmware is where a fix such as the one released here would be.
Somebody mentioned a Lenovo update elsewhere in comments. The recent ME updates required an update from Lenovo. I assumed the same would apply here but thankfully not. I wonder why the OS can't update ME firmware the same way.