EA/The Sims Team has just released a new patch for Mac users of The Sims 3. This new patch addresses issues that Lion users were having with Nvidia GeForce 9400M and 320M graphics cards, this caused their game to crash. You can download this update via the Launcher.

Source: The Sims Slovenija

Update!
It has been brought to my attention that there is a problem with this patch. Several Simmers are reporting that the patch is broken and will NOT install. If you have the Mac version and have tried to install this patch, let us know if it failed or worked.