Steam not launching -- AT ALL (let's troubleshoot)

[Aquasition]

Here's what I'm getting for a crash screen The crash message is bigger, but the character limit prevent me from putting it all in:

Process: steam [16090]
Path: /Applications/Steam.app/Contents/MacOS/osx32/steam
Identifier: com.valvesoftware.steam
Version: ??? (1.1)
Code Type: X86 (Native)
Parent Process: bash [16084]

Date/Time: 2012-02-24 06:29:06.126 -0500
OS Version: Mac OS X 10.7.2 (11C74)
Report Version: 9

Interval Since Last Report: 242782 sec
Crashes Since Last Report: 38
Per-App Interval Since Last Report: 430767 sec
Per-App Crashes Since Last Report: 34
Anonymous UUID: 1F13AC72-0936-4EF8-9E60-D6EA9B48C72D

Crashed Thread: 18 CIPCServer::Thread_MainLoop()

Exception Type: EXC_CRASH (SIGABRT)
Exception Codes: 0x0000000000000000, 0x0000000000000000

Application Specific Information:
objc[16090]: garbage collection is OFF
abort() called
terminate called throwing an exception



Thread 18 Crashed:: CIPCServer::Thread_MainLoop()
0 libsystem_kernel.dylib 0x9262f9c6 __pthread_kill + 10
1 libsystem_c.dylib 0x92694f78 pthread_kill + 106
2 libsystem_c.dylib 0x92685bdd abort + 167
3 libc++abi.dylib 0x95578921 abort_message + 94
4 libc++abi.dylib 0x955761bc default_terminate() + 36
5 libc++abi.dylib 0x955761fe safe_handler_caller(void (*)()) + 15
6 libc++abi.dylib 0x95576268 std::terminate() + 23
7 libc++abi.dylib 0x955772a0 __cxa_throw + 112
8 libstdc++.6.dylib 0x9c123401 operator new(unsigned long) + 97
9 libstdc++.6.dylib 0x9c12346b operator new[](unsigned long) + 17
10 steamclient.dylib 0x0bbb4bdf BFixupFriendsName(CUtlString&) + 211
11 steamclient.dylib 0x0b857373 CUserFriends::SetFriendPersonaName(ClFriend_t*, char const*) + 165
12 steamclient.dylib 0x0b64df95 CClientJobPersonaState::BYieldingRunClientJob(IMsg NetPacket*) + 6763
13 steamclient.dylib 0x0b6295e9 CClientJob::BYieldingRunJobFromMsg(IMsgNetPacket*) + 81
14 steamclient.dylib 0x0bc02d5f CJob::BRunProxy(void*) + 61
15 libvstdlib_s.dylib 0x09943e80 Coroutine_Launch(CCoroutine&) + 21
16 libvstdlib_s.dylib 0x099441c4 Internal_Coroutine_Continue(int, bool, char const*) + 395
17 libvstdlib_s.dylib 0x099444f3 Coroutine_Continue + 32
18 steamclient.dylib 0x0bc02549 CJob::Continue() + 557
19 steamclient.dylib 0x0bc06fb9 CJobMgr::BLaunchJobFromNetworkMsg(void*, JobMsgInfo_t const&, IMsgNetPacket*) + 631
20 steamclient.dylib 0x0bc0a181 CJobMgr::BRouteMsgToJob(void*, IMsgNetPacket*, JobMsgInfo_t const&, int) + 635
21 steamclient.dylib 0x0b6a4619 CCMInterface::RecvPkt(CNetPacket*) + 771
22 steamclient.dylib 0x0bc2b5d2 CNetConnectionBuffer::MultiplexDataUncompressed(un signed char*, unsigned long, EMsgFormatType, unsigned int, IConnectionCallback*) + 138
23 steamclient.dylib 0x0bc2bae1 CNetConnectionBuffer::MultiplexMultiMsg(IMsgNetPac ket*, IConnectionCallback*) + 1017
24 steamclient.dylib 0x0b6a43a0 CCMInterface::RecvPkt(CNetPacket*) + 138
25 steamclient.dylib 0x0bc2ff76 CNetFilterEncryption::OnDecryptWorkItemComplete(CW orkItemNetFilterDecrypt*) + 202
26 steamclient.dylib 0x0bc312ff CWorkItemNetFilterDecrypt:ispatchCompletedWorkIt em(CJobMgr*) + 117
27 steamclient.dylib 0x0bd51641 CWorkThreadPool::BDispatchCompletedWorkItems(CReli ableTimer&, CJobMgr*) + 645
28 steamclient.dylib 0x0bc25281 CNet::BFrameFuncHandleCompletedWorkItems(CReliable Timer&) + 97
29 steamclient.dylib 0x0bbdaf70 CStaticFrameFunction::BRun(CReliableTimer&) + 18
30 steamclient.dylib 0x0bbda466 CFrameFunctionMgr::BRun(EFrameType, CCycleCount*, bool) + 300
31 steamclient.dylib 0x0b5a8d9c CIPCServer::Thread_MainLoop() + 1792
32 libtier0_s.dylib 0x017d1878 CatchAndWriteMiniDump_Impl(CatchAndWriteContext_t& ) + 1992
33 libtier0_s.dylib 0x017d1ba1 CatchAndWriteMiniDumpForVoidPtrFn + 78
34 steamclient.dylib 0x0b5a803c CIPCServer::CThreadClient::Run() + 44
35 libtier0_s.dylib 0x017d544b SteamThreadTools::CThread::ThreadProc(void*) + 299
36 libsystem_c.dylib 0x92692ed9 _pthread_start + 335
37 libsystem_c.dylib 0x926966de thread_start + 34