I have a 3.1 xcode project that has been running my app just fine under the 3.1.3 version of the OS. I've been testing this app on my iphone 3G ( not running IOS 4 ).
I just copied over the XCode project and files, downloaded the latest XCode 3.2.4 with the 4.1 SDK. When I run my application via the simulator it just comes up blank instead of showing my app. I can see via the NSLog statements that it's actually getting to my initWithFrame() and viewDidLoad() methods but it's like it didn't load the images correctly. I've tried copying the files back into the xcode project and allowing it to update references. I've also tried using 4.0 and 4.1 of the SDK along with the iphone 4 and iphone simulators under hardware.
I do see some errors from system.log:
Sep 20 21:59:01 s-macbook-pro-17 [0x0-0x18018].com.apple.Xcode[484]: Xcode(484,0x7fff70216c20) malloc: reference count underflow for 0x2019c0a40, break on auto_refcount_underflow_error to debug.
Sep 20 21:59:01 s-macbook-pro-17 Xcode[484]: Xcode(484,0x7fff70216c20) malloc: reference count underflow for 0x2019c0a40, break on auto_refcount_underflow_error to debug.
Sep 20 21:59:03 s-macbook-pro-17 com.apple.launchd.peruser.502[127] (com.apple.iPhoneSimulator:com.apple.managedconfiguration.profiled): Bug: launchd_core_logic.c:4598 (24108):2
Sep 20 21:59:03 s-macbook-pro-17 com.apple.launchd.peruser.502[127] (com.apple.iPhoneSimulator:com.apple.managedconfiguration.profiled): Path monitoring failed on "/Users/m/Library/Application Support/iPhone Simulator/4.1/Library/ConfigurationProfiles/profiledRunning": No such file or directory
Sep 20 21:59:03 s-macbook-pro-17 com.apple.launchd.peruser.502[127] (com.apple.iPhoneSimulator:com.apple.managedconfiguration.profiled): Bug: launchd_core_logic.c:4598 (24108):2
Sep 20 21:59:03 s-macbook-pro-17 com.apple.launchd.peruser.502[127] (com.apple.iPhoneSimulator:com.apple.managedconfiguration.profiled): Path monitoring failed on "/Users/m/Library/Application Support/iPhone Simulator/4.1/Library/ConfigurationProfiles/MCOutstandingNagComputation": No such file or directory
Sep 20 21:59:03 s-macbook-pro-17 com.apple.launchd.peruser.502[127] (com.apple.iPhoneSimulator:com.apple.managedconfiguration.mdmd): Bug: launchd_core_logic.c:4598 (24108):2
Sep 20 21:59:03 s-macbook-pro-17 com.apple.launchd.peruser.502[127] (com.apple.iPhoneSimulator:com.apple.managedconfiguration.mdmd): Path monitoring failed on "/Users/m/Library/Application Support/iPhone Simulator/4.1/Library/ConfigurationProfiles/MDMOutstandingActivities.plist": No such file or directory
Sep 20 21:59:03 s-macbook-pro-17 vot[929]: ******** AX INSPECTOR MODE ************
Sep 20 21:59:03 s-macbook-pro-17 vot[929]: **** Running VoiceOver Lite ****
Sep 20 21:59:06 s-macbook-pro-17 app[935]: MainView alloc
Sep 20 21:59:06 s-macbook-pro-17 app[935]: MainView alloc complete
Sep 20 21:59:06 s-macbook-pro-17 app[935]: loadView complete