Just making sure everyone is aware apple released an update August 12 (I missed it until now).

Update Instructions:

1) Make certain that FCP and all applications installed by FCP 4 installer are in their default folders and that you have not renamed any of them. Otherwise, updater cannot find them.

2) Run Software Update from System Prefs. Download and install Apple Pro Apps updater.

4) Run Software Update again and then you will see updaters for FCP, Soundtrack, LiveType, Compressor and Cinema Tools. Run those updates. You will need to restart after running the update.