Error Message: Here is what I got:
2012-11-23 10:35:53 [FINEST] [ForgeModLoader] Running coremod plugins
2012-11-23 10:35:53 [FINEST] [ForgeModLoader] Running coremod plugin FMLCorePlugin
2012-11-23 10:35:53 [FINEST] [ForgeModLoader] Coremod plugin FMLCorePlugin run successfully
2012-11-23 10:35:53 [FINEST] [ForgeModLoader] Running coremod plugin FMLForgePlugin
2012-11-23 10:35:53 [FINEST] [ForgeModLoader] Coremod plugin FMLForgePlugin run successfully
2012-11-23 10:35:53 [FINEST] [ForgeModLoader] Validating minecraft
2012-11-23 10:35:53 [sEVERE] [ForgeModLoader] This version of FML is built for Minecraft 1.4.4, we have detected Minecraft 1.4.5 in your minecraft jar file
2012-11-23 10:35:53 [iNFO] [sTDOUT] A CRITICAL PROBLEM OCCURED INITIALIZING MINECRAFT - LIKELY YOU HAVE AN INCORRECT VERSION FOR THIS FML
2012-11-23 10:35:58 [iNFO] [sTDERR] Exception in thread "Thread-5" java.lang.RuntimeException: java.lang.RuntimeException: java.lang.reflect.InvocationTargetException
2012-11-23 10:35:58 [iNFO] [sTDERR] at cpw.mods.fml.relauncher.FMLRelauncher.setupHome(FMLRelauncher.java:175)
2012-11-23 10:35:58 [iNFO] [sTDERR] at cpw.mods.fml.relauncher.FMLRelauncher.relaunchApplet(FMLRelauncher.java:242)
2012-11-23 10:35:58 [iNFO] [sTDERR] at cpw.mods.fml.relauncher.FMLRelauncher.appletEntry(FMLRelauncher.java:212)
2012-11-23 10:35:58 [iNFO] [sTDERR] at net.minecraft.client.MinecraftApplet.init(MinecraftApplet.java:28)
2012-11-23 10:35:58 [iNFO] [sTDERR] at net.minecraft.Launcher.replace(Launcher.java:136)
2012-11-23 10:35:58 [iNFO] [sTDERR] at net.minecraft.Launcher$1.run(Launcher.java:79)
2012-11-23 10:35:58 [iNFO] [sTDERR] Caused by: java.lang.RuntimeException: java.lang.reflect.InvocationTargetException
2012-11-23 10:35:58 [iNFO] [sTDERR] at cpw.mods.fml.relauncher.RelaunchLibraryManager.handleLaunch(RelaunchLibraryManager.java:290)
2012-11-23 10:35:58 [iNFO] [sTDERR] at cpw.mods.fml.relauncher.FMLRelauncher.setupHome(FMLRelauncher.java:155)
2012-11-23 10:35:58 [iNFO] [sTDERR] ... 5 more
2012-11-23 10:35:58 [iNFO] [sTDERR] Caused by: java.lang.reflect.InvocationTargetException
2012-11-23 10:35:58 [iNFO] [sTDERR] at sun.reflect.NativeMethodAccessorImpl.invoke0(Native Method)
2012-11-23 10:35:58 [iNFO] [sTDERR] at sun.reflect.NativeMethodAccessorImpl.invoke(Unknown Source)
2012-11-23 10:35:58 [iNFO] [sTDERR] at sun.reflect.DelegatingMethodAccessorImpl.invoke(Unknown Source)
2012-11-23 10:35:58 [iNFO] [sTDERR] at java.lang.reflect.Method.invoke(Unknown Source)
2012-11-23 10:35:58 [iNFO] [sTDERR] at cpw.mods.fml.relauncher.RelaunchLibraryManager.handleLaunch(RelaunchLibraryManager.java:282)
2012-11-23 10:35:58 [iNFO] [sTDERR] ... 6 more
2012-11-23 10:35:58 [iNFO] [sTDERR] Caused by: cpw.mods.fml.common.LoaderException
2012-11-23 10:35:58 [iNFO] [sTDERR] at cpw.mods.fml.common.Loader.<init>(Loader.java:175)
2012-11-23 10:35:58 [iNFO] [sTDERR] at cpw.mods.fml.common.Loader.instance(Loader.java:150)
2012-11-23 10:35:58 [iNFO] [sTDERR] ... 11 more