Yeesh! Some of that looks like it was written by Vajid himself! But it does answer [sort of] my question a/b this being a known issue. It doesn't happen on every launch of every app in the suite. Mostly Pshop, and on every 3rd or 4th launch. I have a cool little app called iLicense (available via iTunes) that keeps all my software reg a click away, so finding and fee-entering the info is easy.

I'll probably give it a few more weeks to see if Adobe releases a fix because I really don't like messing around with all that deep system stuff. Even then, I'd probably opt for a fresh reinstall of the suite, as big of a PIA as that would be.