As I mentioned above, I ran all of my VST-scanning apps after updating, to check for problems.
Found none, so I assumed there were none.
Wrong.
I'm going to guess that what happened to me was due to the fact that I don't pay WUP, and that I've got a lot of Waves plugins that are out of the 1-year free update period.
I was starting a new song yesterday, and went for a Waves plugin I use all the time.
Not there. Nor were a bunch of others.
I remember a lot of threads over the years re Waves plugins disappearing.
Here's what I believe happened.
When the update ran, one step in that process was to delete ALL of the Waves plugins (the .bundle files) in:
C:\Program Files (x86)\Waves\Plug-Ins V9
and then only redownloaded the ones still under warranty (a lot bought for $29) and reinstalled them.
The solution turned out to be running Waves Central and reinstalling the missing, post-WUP plugins. I then needed to force each VST-scanning app to do a full, clean rescan.
Next time there's an update, I need to click through it slowly and look for some option about retaining old (post-WUP or whatever they might call it) files, or at least download and reinstall everything that was there before the update.