I've got the same problem. Due to problems i had to reinstall osx but before i did i had the update installed. So now after reinstalling osx,my projects won't work, unless i get the update.
I've tried to find on the macsite but with no results.
Apple Final Cut Express
digital video editing (use software update)
Version: 4.0.1
Update unable to download
Feedback Type: Troubleshooting Report
Contributed by: vskbokkie Tuesday, September 30 2008 @ 09:34 AM PDT
Product Platform: MacOSX
Used Product For: 1-6 months
System Info:
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