DVD Studio Pro 4 crash on load with new MacBook Pro?

I've been trying to install DVD Studio Pro 4 on my new MacBook Pro. I've installed from the original CD and installed all of the content along with the updates from the Apple site as well as through Software Update.

Every time I try and launch DVD SP it just crashes. Any ideas? Here is the crash log it's been generating:

Process: DVD Studio Pro [420]

Path: /Applications/DVD Studio Pro.app/Contents/MacOS/DVD Studio Pro

Identifier: com.apple.dvdstudiopro

Version: 4.0.3 (382)

Build Info: DSP-3820000~2

Code Type: PPC (Translated)

Parent Process: launchd [100]

Date/Time: 2011-04-26 15:37:15.284 -0700

OS Version: Mac OS X 10.6.6 (10J3210)

Report Version: 6

Interval Since Last Report: 19078 sec

Crashes Since Last Report: 26

Per-App Crashes Since Last Report: 13

Anonymous UUID: FDCDA2D2-10CD-4C43-B25C-D04F74818720

Exception Type: EXC_CRASH (SIGTRAP)

Exception Codes: 0x0000000000000000, 0x0000000000000000

Crashed Thread: 0 Dispatch queue: com.apple.main-thread

Thread 0 Crashed: Dispatch queue: com.apple.main-thread

0 libSystem.B.dylib 0x8023950a __pthread_kill + 10

1 libSystem.B.dylib 0x80238dab pthread_kill + 95

2 com.apple.dvdstudiopro 0xb80bfb30 0xb8000000 + 785200

3 com.apple.dvdstudiopro 0xb80c0037 0xb8000000 + 786487

4 com.apple.dvdstudiopro 0xb80dd8e8 0xb8000000 + 907496

5 com.apple.dvdstudiopro 0xb8145397 spin_lock_wrapper + 1791

6 com.apple.dvdstudiopro 0xb801ceb7 0xb8000000 + 118455

Thread 1:

0 libSystem.B.dylib 0x801430ba mach_msg_trap + 10

1 libSystem.B.dylib 0x80143827 mach_msg + 68

2 com.apple.dvdstudiopro 0xb819440f CallPPCFunctionAtAddressInt + 206231

3 libSystem.B.dylib 0x80170819 _pthread_start + 345

4 libSystem.B.dylib 0x8017069e thread_start + 34

Thread 0 crashed with X86 Thread State (32-bit):

eax: 0x00000000 ebx: 0x802fc540 ecx: 0xb7fff9ac edx: 0x8023950a

edi: 0xb8211640 esi: 0x00000005 ebp: 0xb7fff9d8 esp: 0xb7fff9ac

ss: 0x0000001f efl: 0x00000286 eip: 0x8023950a cs: 0x00000007

ds: 0x0000001f es: 0x0000001f fs: 0x00000000 gs: 0x00000037

cr2: 0x80239500

Binary Images:

0x80000000 - 0x8005dff7 com.apple.framework.IOKit 2.0 (???) <9A4DE9DD-F7E3-07FD-055D-2B7DAADF2642> /System/Library/Frameworks/IOKit.framework/Versions/A/IOKit

0x8007d000 - 0x800e7fe7 libstdc++.6.dylib 7.9.0 (compatibility 7.0.0) <411D87F4-B7E1-44EB-F201-F8B4F9227213> /usr/lib/libstdc++.6.dylib

0x80142000 - 0x802e9ff7 libSystem.B.dylib 125.2.10 (compatibility 1.0.0) <A15716E7-2660-F4ED-7DCE-BD4857D4E544> /usr/lib/libSystem.B.dylib

0x8036b000 - 0x804e6fe7 com.apple.CoreFoundation 6.6.4 (550.42) <BA29C5CE-77DB-87DB-5B74-9EEFF5265681> /System/Library/Frameworks/CoreFoundation.framework/Versions/A/CoreFoundation

0x805de000 - 0x805ecfe7 libz.1.dylib 1.2.3 (compatibility 1.0.0) <E1B922F4-23DC-467E-631F-7E1B9C9F51CB> /usr/lib/libz.1.dylib

0x805f1000 - 0x805fdff7 libkxld.dylib ??? (???) <47012951-3258-DEA3-E422-E0775AA7A854> /usr/lib/system/libkxld.dylib

0x80601000 - 0x80647ff7 libauto.dylib ??? (???) <7CB1AB76-50A2-8E56-66E4-CF51CA75B177> /usr/lib/libauto.dylib

0x80654000 - 0x807d6fe7 libicucore.A.dylib 40.0.0 (compatibility 1.0.0) <F03AAEF8-C73C-4E2A-29B0-0702EAD2E4A7> /usr/lib/libicucore.A.dylib

0x80838000 - 0x808e5fe7 libobjc.A.dylib 227.0.0 (compatibility 1.0.0) <F237B77D-75A3-7240-931D-4735B91D365F> /usr/lib/libobjc.A.dylib

0x808f9000 - 0x808fcfe7 libmathCommon.A.dylib 315.0.0 (compatibility 1.0.0) <1622A54F-1A98-2CBE-B6A4-2122981A500E> /usr/lib/system/libmathCommon.A.dylib

0x8fe00000 - 0x8fe4162b dyld 132.1 (???) <283EE026-C0FE-1FF9-DB81-BFB155793157> /usr/lib/dyld

0xb8000000 - 0xb81defff com.apple.dvdstudiopro 4.0.3 (382) <6437A74D-607F-7339-5F7E-F6B0EF81C25D> /Applications/DVD Studio Pro.app/Contents/MacOS/DVD Studio Pro

0xffff0000 - 0xffff1fff libSystem.B.dylib ??? (???) <A15716E7-2660-F4ED-7DCE-BD4857D4E544> /usr/lib/libSystem.B.dylib

Translated Code Information:

objc[420]: garbage collection is ON

NO CRASH REPORT

Model: MacBookPro8,2, BootROM MBP81.0047.B04, 4 processors, Intel Core i7, 2.3 GHz, 8 GB, SMC 1.69f1

Graphics: AMD Radeon HD 6750M, AMD Radeon HD 6750M, PCIe, 1024 MB

Graphics: Intel HD Graphics 3000, Intel HD Graphics 3000, Built-In, 512 MB

Memory Module: global_name

AirPort: spairport_wireless_card_type_airport_extreme (0x14E4, 0xD6), Broadcom BCM43xx 1.0 5.100.198.10.1)

Bluetooth: Version 2.4.3f1, 2 service, 19 devices, 1 incoming serial ports

Network Service: AirPort, AirPort, en1

Serial ATA Device: TOSHIBA MK7559GSXF, 698.64 GB

Serial ATA Device: MATSHITADVD-R UJ-898

USB Device: Hub, 0x0424 (SMSC), 0x2513, 0xfa100000 / 3

USB Device: BRCM2070 Hub, 0x0a5c (Broadcom Corp.), 0x4500, 0xfa110000 / 5

USB Device: Bluetooth USB Host Controller, 0x05ac (Apple Inc.), 0x821a, 0xfa113000 / 7

USB Device: Apple Internal Keyboard / Trackpad, 0x05ac (Apple Inc.), 0x0245, 0xfa120000 / 4

USB Device: FaceTime HD Camera (Built-in), 0x05ac (Apple Inc.), 0x8509, 0xfa200000 / 2

USB Device: Hub, 0x0424 (SMSC), 0x2513, 0xfd100000 / 2

USB Device: IR Receiver, 0x05ac (Apple Inc.), 0x8242, 0xfd110000 / 3