According to Digidesign, this is a known issue in versions 7.1cs9 and 7.2:
http://www.digidesign.com/index.cfm?navid=54&itemid=23374
A CPR for 7.2 solves this and was posted as of 9/26/06:
http://www.digidesign.com/index.cfm?navid=54&itemid=23642
http://www.digidesign.com/index.cfm?navid=54&itemid=23643
A CPR for 7.1 is currently being tested. Please check Digidesigns support section for any other updates.