The problem is with the new Quicktime upgrade to 7.4. You have to get rid of 7.4, and get back to 7.3. Here’s an easy way to do it:
Get Pacifist. Download and install that app. It allows you to downgrade apps without having to re-install the whole damn OS.
Once you’ve got Pacifist, re-download QT 7.3. Open Pacifist and instruct it to open the 7.3 package. Follow the prompts, reinstall the whole damn thing. Takes about 10 minutes.
This works, I’m back in business. By the way, I have spent more time monkeying with problems like this one in the past two months than in the previous several years of using Apple computers. The new OS was a nightmare, cost me several days and a few hundred bucks to get rid of that one. Now this.
Maybe Apple should spend less time negotiating with The Beatles lawyers and more on getting things to work!