I just noticed this thread so went to uvi, downloaded 1.1.2 and the latest llok software and after rebooting my machine it works just fine. Completely painless...I'm always running the latest SPlat release
I first tried the stand alone... no probs...
brought up SPlat, dragged Falcon into it
activated the tracks...
played... no hicups whatsoever
If u didn't update ur pace/ilok software that might be the problem. Remember, u need to reboot machine to meld the new version to ur machine.