AME CC 2014: "Adobe Media Encoder has encountered an unexpected error and cannot continue."

Question

Adobe Media Encoder CC 2014 on MacPro "mid-2012" (MacPro5,1) running OSX 10.9.3 and getting this error when trying to launch Adobe Media Encoder CC 2014:
Adobe Media Encoder Error
Adobe Media Encoder has encountered an unexpected error and cannot continue.
Have uninstalled, reinstalled.  Checked and fixed permissions numerous times.  Tried removing all plugins and that didn't fix.  Also tried editing the text listings within the .app for OpenGL and CUDA to remove all cards listed - that didn't fix anything either.
At this point it's uninstalled and "hopefully" everything will point to CC (non-2014 version).  Adobe Media Encoder CC works fine.  Adobe Media Encoder CS6 works fine.
Cannot find any other reports of this issue.

Answer 1

Progress in trying to fix.  This workaround was NOT successful on previous attempts, but now appears to be working.  Seems like the trick was to have AME CC 2014 started and open BEFORE doing any of this?  As always, make sure all of your permissions are set properly - had done that numerous times previously.  My issue was NOT directly permission related.
Navigate to the following folder:
You may see a file SHORTCUT that is invalid called "Presets":
Remove/delete this file.  It's a broken shortcut.
Move a folder of .EPR files into the "8.0" folder.  Call it anything except "Presets".  Go to AME CC 2014 and quit.  (I was greeted with another crash message.)
Open AME CC 2014 again.  Your presets will not be loaded yet, but you should see an XML file that was created in your new folder like this:
Delete this file.
You should see a new folder also created by AME called "Presets".  Move your .EPR files into this folder and delete the original folder.  Quit AME CC 2014.  (I was greeted with ANOTHER crash message.)
Open AME CC 2014.  Your preset files should be there at the top under the preset browser:
Probably a good idea to keep a copy of those .EPR files elsewhere