Edited on 15 Oct 2009 04:54 by
Sinistar
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Posted: 15-Oct-2009 03:56 by Sinistar
Sounds like your Uni are blocking access the to the companies that host/provide delivery of PKR's updates. (I see the client accessing an IP address that belongs to Limelight Networks at startup.)
The best I can suggest is either get yourself a mobile broadband dongle/package or, as previously recommended by Chiv, use a tunnelling service from Art of Ping (http://www.artofping.com) to bypass your Uni's firewall.