Hi there,
I have sort of the same problem; I was able to update with "pslaunch", though here is what i get when i click the play button in the pslaunch:
Process: pslaunch_static [453]
Path: /Applications/PlaneShift/pslaunch.app/Contents/MacOS/pslaunch_static
Identifier: pslaunch_static
Version: 0.5.9.1 (0)
Build Info: pslaunch_static-Unknown~Unknown
Code Type: X86 (Native)
Parent Process: launchd [144]
Date/Time: 2012-06-23 14:33:27.587 +0200
OS Version: Mac OS X 10.6.8 (10K549)
Report Version: 6
Interval Since Last Report: 493907 sec
Crashes Since Last Report: 23
Per-App Interval Since Last Report: 3101 sec
Per-App Crashes Since Last Report: 22
Anonymous UUID: 86C410FB-800D-4BB8-A60F-FB6155821F36
Exception Type: EXC_BAD_ACCESS (SIGBUS)
Exception Codes: KERN_PROTECTION_FAILURE at 0x0000000000000058
Crashed Thread: 8
Thread 0: Dispatch queue: com.apple.main-thread
0 libSystem.B.dylib 0x979c4c0e mach_wait_until + 10
1 libSystem.B.dylib 0x97a4c429 nanosleep + 345
2 libSystem.B.dylib 0x97a4c2ca usleep + 61
3 pslaunch_static 0x00031b1f csSleep(int) + 27
4 pslaunch_static 0x002b2dbf psLauncherGUI::EventHandler::HandleEvent(iEvent&) + 27
5 pslaunch_static 0x0017b065 csEventTree::Dispatch(iEvent&) + 339
Thread 1: Dispatch queue: com.apple.libdispatch-manager
0 libSystem.B.dylib 0x979eb382 kevent + 10
1 libSystem.B.dylib 0x979eba9c _dispatch_mgr_invoke + 215
2 libSystem.B.dylib 0x979eaf59 _dispatch_queue_invoke + 163
3 libSystem.B.dylib 0x979eacfe _dispatch_worker_thread2 + 240
4 libSystem.B.dylib 0x979ea781 _pthread_wqthread + 390
5 libSystem.B.dylib 0x979ea5c6 start_wqthread + 30
Thread 2:
0 libSystem.B.dylib 0x979ea412 __workq_kernreturn + 10
1 libSystem.B.dylib 0x979ea9a8 _pthread_wqthread + 941
2 libSystem.B.dylib 0x979ea5c6 start_wqthread + 30
Thread 3:
0 libSystem.B.dylib 0x979ea412 __workq_kernreturn + 10
1 libSystem.B.dylib 0x979ea9a8 _pthread_wqthread + 941
2 libSystem.B.dylib 0x979ea5c6 start_wqthread + 30
Thread 4:
0 libSystem.B.dylib 0x979c4b42 semaphore_wait_signal_trap + 10
1 libSystem.B.dylib 0x979f26f8 _pthread_cond_wait + 1089
2 libSystem.B.dylib 0x97a3b05f pthread_cond_wait + 48
3 pslaunch_static 0x00184c6c CS::Threading::ThreadedJobQueue::QueueRunnable::Run() + 1246
Thread 5:
0 libSystem.B.dylib 0x979c4b42 semaphore_wait_signal_trap + 10
1 libSystem.B.dylib 0x979f26f8 _pthread_cond_wait + 1089
2 libSystem.B.dylib 0x97a3b05f pthread_cond_wait + 48
3 pslaunch_static 0x00184c6c CS::Threading::ThreadedJobQueue::QueueRunnable::Run() + 1246
Thread 6:
0 libSystem.B.dylib 0x979c4b42 semaphore_wait_signal_trap + 10
1 libSystem.B.dylib 0x979f26f8 _pthread_cond_wait + 1089
2 libSystem.B.dylib 0x97a3b05f pthread_cond_wait + 48
3 pslaunch_static 0x00184c6c CS::Threading::ThreadedJobQueue::QueueRunnable::Run() + 1246
Thread 7:
0 libSystem.B.dylib 0x979c4b42 semaphore_wait_signal_trap + 10
1 libSystem.B.dylib 0x979f26f8 _pthread_cond_wait + 1089
2 libSystem.B.dylib 0x97a3b05f pthread_cond_wait + 48
3 pslaunch_static 0x00184c6c CS::Threading::ThreadedJobQueue::QueueRunnable::Run() + 1246
Thread 8 Crashed:
0 pslaunch_static 0x00018b2d UpdaterEngine::PrintOutput(char const*, ...) + 213
1 pslaunch_static 0x00003ef3 Downloader::DownloadFile(char const*, char const*, bool, bool, unsigned int, bool) + 295
2 pslaunch_static 0x0001d487 UpdaterEngine::CheckUpdater() + 157
3 pslaunch_static 0x000271e5 UpdaterEngine::CheckForUpdates() + 847
4 pslaunch_static 0x00027842 UpdaterEngine::Run() + 18
5 pslaunch_static 0x00068f9b CS::Threading::Implementation::(anonymous namespace)::proxyFunc(void*) + 111
Thread 9:
0 libSystem.B.dylib 0xffff0877 __memcpy + 215
1 pslaunch_static 0x002188c4 png_combine_row + 249
2 pslaunch_static 0x001c4a80 png_read_row + 727
3 pslaunch_static 0x001c4e6d png_read_image + 115
4 pslaunch_static 0x00140c57 CS::Plugin::PNGImageIO::ImagePngFile::PngLoader::LoadData() + 813
Thread 10:
0 libSystem.B.dylib 0x97a0058a select$DARWIN_EXTSN$NOCANCEL + 10
1 libSystem.B.dylib 0x97a98c4b select + 92
2 pslaunch_static 0x0015ca0d Curl_socket_ready + 431
3 pslaunch_static 0x000874e3 waitconnect + 53
4 pslaunch_static 0x00088483 singleipconnect + 2735
5 pslaunch_static 0x000885be Curl_connecthost + 223
6 pslaunch_static 0x0008534a Curl_setup_conn + 330
7 pslaunch_static 0x00085520 Curl_connect + 99
8 pslaunch_static 0x0008be87 Curl_do_perform + 144
9 pslaunch_static 0x00004552 Downloader::DownloadFile(char const*, char const*, bool, bool, unsigned int, bool) + 1926
10 pslaunch_static 0x000057b3 pawsLauncherWindow::UpdateNews() + 157
11 pslaunch_static 0x00068f9b CS::Threading::Implementation::(anonymous namespace)::proxyFunc(void*) + 111
Thread 8 crashed with X86 Thread State (32-bit):
eax: 0x003df8a8 ebx: 0x00018a69 ecx: 0x00000000 edx: 0x00000000
edi: 0x0082eb78 esi: 0x00000001 ebp: 0xb08daa58 esp: 0xb08da990
ss: 0x00000023 efl: 0x00010202 eip: 0x00018b2d cs: 0x0000001b
ds: 0x00000023 es: 0x00000023 fs: 0x00000023 gs: 0x0000000f
cr2: 0x00000058
Binary Images:
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(

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When I tried to repair, it downloaded a file for windows64bits client. Didn't change anything of course.
I tried to get IG with "psclient" though it says to me that server is off on the logging screen. What i noticed is that pslaunch version is 5.9.3 (this is what's written on the welcoming screen along with some advices concerning the server, which I have followed) , whereas when i get to the logging screen it indicates 5.9.1 .
Can anyone help?
Thanks in advance