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The first thing I'd suggest is copying everything over to the hard drive, don't try opening directly from the CD.
Thanks Jim! That was the first thing I did, but forgot to mention it here!
Well, then the next step is to try another project file. If they all come up with the error, it's looking like it may not be possible.
Premiere Pro was a total rewrite of the code, which is why Adobe started back at version 1.0 with that, so older Premiere projects may well not work.
Not sure but I think you have to open them first with CS3 and save in order to get them to open in CS6.
I have successfully Opened Pr 6.5 (Mac) Project files in PrPro 2.0 (PC), with but a few tiny glitches. In the case of those Projects, there were a few Transitions, that did not exist in my PrPro 2.0 copy, and one Effect (forget what that was now), but PrPro was kind enough to warn me, with each one, and even gave me the TimeCode, where those appeared, plus what the original name was, for the Transitions, and Effect. I would guess (have not specifically tried it) that your suggestion would work just as well. All I had to do was add the .PPJ file extension to the Mac Pr 6.5 Project files, and Open worked well.
If that does not work for the OP, then I would attempt to Import the Pr 6.1 .PPJ files into a matching PrPro Project.
In my case, the platform was different for the original Pr Projects, but that did not cause an issue (except as noted above), on my PC.
As the OP mentions the .PPJ file extension, it would seem that there is no issue with Mac vs PC, but my assumption could be incorrect.