Thanks guys,
I was able to get the computer to see the camera one more time and tried to rerun the the firmware #081222 and it did not run well - during the beginning of the upload the camera got switche off suddenly and I got a lost communications error from the PC.
then again the same sequence of no power to the back followed by "adapter SW needs to be updated" message from the back...
now I can not get the PC to see the camera at all...
Good point abot the hub, perhaps the camera is not getting enough power from firewire... My laptop did not have a firewire port, so I'm using a firewire adapter card that I put into the PCI slot...
I'll try the trick with pressing the traffic light button to frce update (why is it important to have the lens/viewfinder off?)
thanks so much for your help guys!
I'm kind of lost and confused (and upset - I just got the camera 3 days ago and was looking forward to this weekend)

-ilya