Running it from the terminal worked dryffer.
Or at least its Dl\'ing the updates.
update:
Updates downloaded.
Running psclient directly launches it, but crashes soon after.
running from Terminal, similar to the psupdater, crashes also.
Both return the following error:
dyld: ./psclient.app/Contents/MacOS/psclient can\'t open library: /usr/local/lib/libcal3d.10.dylib (No such file or directory, errno = 2)
I ran finkcommander, but theres no libcal3d available