Cannot Start Application

After last update I got an error when starting zk-lobby: "Cannot Start Application. Application cannot be started. Contact the application vendor..."

Here is the log:

PLATFORM VERSION INFO
Windows : 5.1.2600.196608 (Win32NT)
Common Language Runtime : 4.0.30319.239
System.Deployment.dll : 4.0.30319.1 (RTMRel.030319-0100)
clr.dll : 4.0.30319.239 (RTMGDR.030319-2300)
dfdll.dll : 4.0.30319.1 (RTMRel.030319-0100)
dfshim.dll : 4.0.31106.0 (Main.031106-0000)

SOURCES
Deployment url : http://zero-k.info/lobby/Zero-K.application
Server : Microsoft-IIS/7.5
X-Powered-By : ASP.NET
Deployment Provider url : http://zero-k.info/lobby/Zero-K.application

IDENTITIES
Deployment Identity : Zero-K.application, Version=2.31.0.0, Culture=neutral, PublicKeyToken=0000000000000000, processorArchitecture=x86

APPLICATION SUMMARY

• Installable application.
• Trust url parameter is set.

ERROR SUMMARY
Below is a summary of the errors, details of these errors are listed later in the log.

• Activation of http://zero-k.info/lobby/Zero-K.application resulted in exception. Following failure messages were detected:

+ Minimum required version specified in the deployment manifest cannot be lower than the previous minimum required version.

COMPONENT STORE TRANSACTION FAILURE SUMMARY
No transaction error was detected.

WARNINGS

• The manifest for this application does not have a signature. Signature validation will be ignored.

OPERATION PROGRESS STATUS

• [05.01.2012 7:14:22] : Activation of http://zero-k.info/lobby/Zero-K.application has started.
• [05.01.2012 7:14:22] : Processing of deployment manifest has successfully completed.
• [05.01.2012 7:14:22] : Installation of the application has started.

ERROR DETAILS
Following errors were detected during this operation.

• [05.01.2012 7:14:22] System.Deployment.Application.DeploymentException (SubscriptionState)

- Minimum required version specified in the deployment manifest cannot be lower than the previous minimum required version.
- Source: System.Deployment
- Stack trace:
at System.Deployment.Application.SubscriptionStore.CheckMinimumRequiredVersion(SubscriptionState subState, AssemblyManifest deployment)
at System.Deployment.Application.SubscriptionStore.CheckDeploymentSubscriptionState(SubscriptionState subState, AssemblyManifest deployment)
at System.Deployment.Application.ApplicationActivator.InstallApplication(SubscriptionState& subState, ActivationDescription actDesc)
at System.Deployment.Application.ApplicationActivator.PerformDeploymentActivation(Uri activationUri, Boolean isShortcut, String textualSubId, String deploymentProviderUrlFromExtension, BrowserSettings browserSettings, String& errorPageUrl)
at System.Deployment.Application.ApplicationActivator.ActivateDeploymentWorker(Object state)

COMPONENT STORE TRANSACTION DETAILS
No transaction information is available.

How many times? :)

Well, I'm running its portable version... us temporary solution.

I got it fixed for me as described here:
http://code.google.com/p/zero-k/issues/detail?id=1058#c2