Licensing for this product has stopped working - Acrobat 9 Pro / OS 10.7

I am having a problem with Acrobat 9 Pro (9.4.5)  following my upgrade to Mac OS 10.7 (MacBook Pro).  The error that I've been receiving is "Licensing for this product has stopped working" with a numeric code at the bottom of the page of (0).
As suggested on that screen, I uninstalled and reinstalled Acrobat 9 Pro and spent quite a bit of time loading all of the updates.  At the end of it, I still receive the same message and the program will not continue after that message.
This is part of CS4 Master.  All other products in the suite are working correctly and without issue.  No challenges with other Adobe products for licensing.  Acrobat is the only program I have that gives this message and then closes.
I found this page -> http://kb2.adobe.com/cps/512/cpsid_51260.html and started working through the process on that page.  When I got to the step of the License Recovery Tool (11.6.1), the launcher program will not launch with the error "You can't open the application LicenseRecoveryLauncher because PowerPC applications are no longer supported."  I guess that this program relies on Rosetta and will no longer function.
Can you help?  I've already uninstalled and reinstalled Acrobat 9 Pro several times.  Some of the steps noted on http://kb2.adobe.com/cps/512/cpsid_51260.html disable the licensing for the other apps in CS4.  I really don't want to uninstall and reinstall the entire suite.
I have been on Adobe Customer Service Chat for a few hours.  Recommendations have been to just upgrade to Acrobat X or to call it in.  Before that, I wanted to check the forum to see if anyone else has hit this issue and if there is another possible fix.
Thanks!

Steve,
I appreciate your answer.  While it might work, I'm a bit hesitant to remove the other programs as a possible solution since they are all currently working.
With Acrobat 9 Pro failing with the OS 10.7 upgrade, I'm hoping that there is a less severe solution.
Since the trigger appears to be 10.7 and may have something to do with the discontinued support of Rosetta, I could be spending a few hours working on a reinstall without a change.  Yes, it might work.  The "might" is the part that makes me hesitate.
Is anyone else out there on OS 10.7 and running Acrobat 9 Pro?  Any issues with anyone else?
Thanks Steve.  I do appreciate your offering a solution.  I may end up trying it if nothing else comes together.
Mark

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