It simply says that the launcher has not opened yet. It will open on the 12th May, 2011.
I downloaded straight from the wasabi site v1.51.52, the VERY latest, and STILL Get that popup. I tried running as admin, trying to patch up, and changing locale to Taiwan and I still get it no matter what. I completely uninstalled, reinstalled using diff links, nothing works...

... I seem to be the ONLY one with this problem. It wont auto patch, and simple patcher says Renew Finished or something in Chinese.