Unfortunately I have experienced the same problem. My FCP 5 now has a permanent green canvas which started immediately after the QT 7.3.1 download. In the past Apple has issued a QT reinstaller which essentially rolls back the player without requiring an OS reinstall when bugs became prohibitive to users. After many inquiries and calls to local technicians and finally to an apple tech, I was told that no support is available for FCP 5 and no other information or help would be issued by apple to address the problem. That I could upgrade FCP or install Leopard for the time machine feature in order to have a system restore capability. After attempting nearly all possibilities including a reinstall of FCP I am looking at a OS clean install to restore functionality. This is a very costly solution for me and not a welcome solution from Apple. Who can help?