As of Safari 3.x, Safari releases are mostly decoupled from OSX releases.
However, moving to a Chrome-style process model will require pretty drastic changes to WebKit; I think it's extremely unlikely that it'll happen for Safari 4. At this point my understanding is that even the Chrome team isn't completely sure how they're going to do multi-process on OSX*, so I suspect the Safari team will be watching their results** with interest.
That said, some stuff the WebKit team is doing currently could also be helpful for multi-process browsers. The recent massive refactoring of scrolling support to avoid NSViews, for example.
*no, it's not the same as on Windows.
**particularly with regard to performance and memory usage. Going multiprocess is a lot easier if you don't mind being slow 😉