Ahh, I see. Looks like i jumped the gun on this. The blockchain is downloaded, but now Armory is building the db w/ several hours to go. As you pointed out, the client is in fact listed as being on block zero. I guess I freaked out after seeing the warning dialog box.
Thanks to your help, i'm confidant there won't be any probs once the db is built. I'll just wait and see how we go though.

Thanks for the help, mate