MPEG2 Component - how to install

I just purchased and downloaded the MPEG-2 component for Quicktime 7.
I was just wondering if anyone could tell me how this component gets installed. Specifically...I never received a serial number....so once I choose to install the file, how does Quicktime know this is a legal copy without a serial number. I only have the regular version of Quicktime (not Quicktime Pro), so it does not have a serial number as well.
What happened is....My MAC at home does not have an internet connection right now. I used my work computer to purchase and download the component. I have the file on USB key and moved it to my MAC and mounted the installer. I just want to know if I should be looking for a serial number somewhere, before I complete the install.

how does Quicktime know this is a legal copy without a serial number
It just assumes it is. Most of Apple's consumer-level software uses the honor system.
(49134)

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Unfortunately that did not help.
Here is the installer log.
Jan 10 18:54:39 Sean-MacBook-Pro : Opened from: /Users/Sean/Desktop/QuickTimeMPEG2.pkg
Jan 10 18:54:39 Sean-MacBook-Pro : It took 0.259875 seconds to finish launching.
Jan 10 18:54:40 Sean-MacBook-Pro : Distribution: QuickTime MPEG2
Jan 10 18:54:42 Sean-MacBook-Pro : Installation checks failed.
Jan 10 18:54:42 Sean-MacBook-Pro : Installation check failure. QuickTime MPEG2 cannot be installed on this computer.. This software cannot be installed on this computer..
Jan 10 18:55:23 Sean-MacBook-Pro : @(#)PROGRAM:Install PROJECT:Install-141 DEVELOPER:root BUILT:Aug 19 2006 19:29:45\n
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It says
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I took some similar files I got from a recent model Canon to a video professional's (family) and they couldn't be read by a current version of FinalCut Pro.
Which model Canon? Which "current" version of FCP, the suite or the new FCP X release? Do you have a short snippet you can upload for examination? Have yet to research the pros and cons of the latest release but plan to do so next month if/when I have the time. (I.e., users seem to either really love it or really hate it.)
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