Office for Mac 2011 is not working with Lion.

Question

I have already uninstalled and reinstalled all of the Microsoft files for Office 2011 for Mac, and I am getting the error message below. And, what's more, is that above that it says to check with Microsoft to make sure that Office 2011 is compatible with this version of OS X. So, does ANYONE have ANY ideas on this?
Thanks...
(Start error message)
Process:         Microsoft Word [355]
Path:            /Applications/Microsoft Office 2011/*/Microsoft Word.app/Contents/MacOS/Microsoft Word
Identifier:      com.microsoft.Word
Version:         14.1.0 (14.1.0)
Build Info:      Unknown-110310~0
Code Type:       X86 (Native)
Parent Process:  launchd [252]
Date/Time:       2012-01-21 23:49:54.458 -0600
OS Version:      Mac OS X 10.7.2 (11C74)
Report Version:  9
Interval Since Last Report:          53958 sec
Crashes Since Last Report:           13
Per-App Crashes Since Last Report:   7
Anonymous UUID:                      20618D4B-856C-47F8-B659-34452F49D2AE
Crashed Thread:  0
Exception Type:  EXC_BREAKPOINT (SIGTRAP)
Exception Codes: 0x0000000000000002, 0x0000000000000000
Application Specific Information:
dyld: launch, loading dependent libraries
Dyld Error Message:
  Library not loaded: @rpath/mbukernel.framework/Versions/14/mbukernel
  Referenced from: /Applications/Microsoft Office 2011/*/Microsoft Word.app/Contents/MacOS/Microsoft Word
  Reason: image not found
Binary Images:
   0xb0000 -  0x1e26ffb +com.microsoft.Word (14.1.0 - 14.1.0) <16DA90E9-CF43-07DE-0064-8542F079070F> /Applications/Microsoft Office 2011/*/Microsoft Word.app/Contents/MacOS/Microsoft Word
0x8feaf000 - 0x8fee19c7  dyld (195.5 - ???) <BCC83F99-7244-3DBA-867D-6226D53DD9F2> /usr/lib/dyld
Model: MacBookPro7,1, BootROM MBP71.0039.B0B, 2 processors, Intel Core 2 Duo, 2.4 GHz, 4 GB, SMC 1.62f6
Graphics: NVIDIA GeForce 320M, NVIDIA GeForce 320M, PCI, 256 MB
Memory Module: BANK 0/DIMM0, 2 GB, DDR3, 1067 MHz, 0x802C, 0x384A53463235363634485A2D314731443120
Memory Module: BANK 1/DIMM0, 2 GB, DDR3, 1067 MHz, 0x802C, 0x384A53463235363634485A2D314731443120
AirPort: spairport_wireless_card_type_airport_extreme (0x14E4, 0x8D), Broadcom BCM43xx 1.0 (5.100.98.75.18)
Bluetooth: Version 4.0.1f4, 2 service, 18 devices, 1 incoming serial ports
Network Service: AirPort, AirPort, en1
Serial ATA Device: Hitachi HTS545025B9SA02, 250.06 GB
Serial ATA Device: MATSHITADVD-R   UJ-898
USB Device: Built-in iSight, apple_vendor_id, 0x8507, 0x24600000 / 2
USB Device: Internal Memory Card Reader, apple_vendor_id, 0x8403, 0x26100000 / 2
USB Device: BRCM2046 Hub, 0x0a5c  (Broadcom Corp.), 0x4500, 0x06600000 / 4
USB Device: Bluetooth USB Host Controller, apple_vendor_id, 0x8213, 0x06610000 / 7
USB Device: IR Receiver, apple_vendor_id, 0x8242, 0x06500000 / 3
USB Device: Apple Internal Keyboard / Trackpad, apple_vendor_id, 0x0236, 0x06300000 / 2

Answer 1

If you want to have the icons in your main Applications folder, use alias icons.
You also need to update it to version 14.1.4, if you move the applications from that subfolder, the update process will probably fail.