Same thing here. I did nearly half of the project with numerious files imported, where I combine footage and rendered Maya .iff sequences. It worked fine. Then now all of a sudden AE started giving me that crazy ‘After Effects Error: Photoshop file format error 1 (45::35) on all parts, that were working fine. What the heck is that? All my files are intact, nothing’s happened to them. What can start this weird behaviour of AE? Even without it AE is extremely unstable, crashing as if coded by a bunch of shoollboys, but this just drove me crazy. And it seems like no one is answering this question, so is it that really no one knows?
I have Windows 7, AE CS5, Maya 2012