Pro & Express Installed On The Same System

One of our videographers recently installed Final Cut Express 4.0 along side our enterprise standard Final Cut Pro 5.1.4 for a current educational video project that initailly used Final Cut Express 4.0 in the field.
Now, when one of our producers is trying to import the Express project files into either Express or Pro on that system she is receiving an error that basically says that the files are too new to be opened.
In my mind, the solution to this issue would be to uninstall both Pro and Express and then do a clean install of Pro 6 or 7.
Thoughts... suggestions?

This error message is something that has been occurring with FCE 4 occasionally.
You may get more info on the FCE Forum.
FWIW I don't think it has anything to do with both apps being installed on the same computer.
I have them both and have never had a problem with FCE 4 and FCP 5 on one computer and FCE 4 and FCP 6 on another.
The only people experiencing the trouble have just had FCE 4 installed.
CORRECTION !
It has also been happening to FCP 6 users. If you do a search you should find plenty of correspondence.
Message was edited by: Ian R. Brown

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