I eagerly clicked the Update Now button when Aquasuite offered me an update this evening and, after installing and restarting, I get a system tray alert that the Aquasuite Service in is Maintenance Mode.

I cannot, however, seem to open the Aquasuite application to do anything to address this. Double-clicking the desktop shortcut simply causes the Aquasuite X splash to appear, and the alert to reappear, with no sign of the Aquasuite window.

Am I missing something, or is the new update b0rked?

Yes, my AS shortcut is 'run as administrator' by default.

I eventually sorted the issue by uninstalling/reinstalling Aquasuite. Hopefully someone else can discern a fix that does not require such measures, but if anyone else is in the same boat, that worked for me.