Will photoshop cs4 be supported on mountain lion

I have just updated to mountain lion from lion and now photoshop CS4 doesn't work.
Comes up with an error code 150:30 which seems to suggest that it's incompatible with the new os!
That makes CS4 a very expensive icon and nothing more. Is this matter going to be resolved as a queue of images is building on my mac?

Adobe says Yes. Read HERE.
EDIT
But read the comments. Looks like there are issues.

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