Technical post for Google Searches and my own personal record
If you fire up XCode, start a new Cocoa project, and hit build... and get an error that looks like this:
error: can't exec '/Developer/Library/Xcode/Plug-ins/CoreBuildTasks.xcplugin/Contents/Resources/copystrings' (No such file or directory)
Then either the installer failed (less likely) or you have an alternate Ruby in your path and you have removed your original /usr/bin/ruby that came with OS X.
So what you need to do is symlink your new Ruby to that same location...
ln -s /opt/local/bin/ruby /usr/bin/ruby
Now your XCode project should build!
And aside from that, you may need a version of ruby that is different than what the OS vendor dictates. And in that case, you'll run into the same problem.
It does, unfortunately, render some of the built in features useless if the Frameworks don't match up or work together perfectly...