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I only needed to freeze sdm with Titanium Backup and never received a notice again.
You can delete the update in the /cache folder. After you delete the update, you can freeze sdm and another file to keep the phone from pulling down the update and notifying you. There's a thread further down in this section where someone asked the same thing. I can't get you the link right now since I'm on the mobile app, but it shouldn't be too hard to find.

OK, stupid question from one still learning...
Which /cache folder?
I've got Titanium Backup, so I'm good to go when it's time to freeze sdm. I just need to figure out where to access the /cache folder. I'm getting the daily "There is an update for your phone" message, and I'm getting tired of telling it to postpone. So I haven't actually downloaded the update yet. I just want to keep from getting the update message.
Sean