My full error message was "Sorry! A serious error occurred, try running the XLN Online Installer again. cLuaGGUIWindow proc caught exception: getSharedMemory Access is denied".
Running the host as administrator was one workaround that temporarily bypassed the issue. This was not an issue with running the updater, but occurred anytime I launched an XLN product, either as standalone or as a plugin.
Because running it as admin bypassed the error it was looking like a permission issue of some sort. But by deleting the file as described in the fix above it cleared the error for me.
Like I said earlier, this may not be the same error, as there are possibly numerous things that could go wrong, just passing along this info in case it helps somebody else...