I had the same problem with the most recent version. Navigating to the directory in finder end up showing me that I was not on the "EventideUpdateUtility" directory access list (even though it was my account that installed it!).
What I did notice however was that another user account was on that list (that didnt install it nor has ever used it). Is it possible that the install is somehow only adding the first user (admin user?) to the list?
Just a thought!
