Apparently the Razor update today (02 July 2011) is borked. If you have ConnectUO set to autostart razor, it will still autostart razor, but then you cannot log into the shard.
2 solutions...
1: Tell CUO not to autostart razor and play without razor till they get ti fixed.
or
2: Connect with Razor only for now, and play without our hues or spell icon patches (till they get it fixed)
-Ghost