Word for Mac Integration Crashing Zotero

I just installed the most recent automatic Zotero update (3.0.3, I think), and now every time I open Zotero (Standalone), a dialogue box opens which says "Installing Word For Mac Integration", this stays up for 2 or 3 seconds and then Zotero crashes.

This now happens every time I try to open Zotero, which effectively means I can't open it at all.

I'm running Mac OS X 10.7.3.

Any ideas?
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