Hi. I had the problem. After having installed "python-passlib python-pil" modules and change the name of the database, it works.

Official release yet not out.

I have similar problem, but with the latest release of V8.0 RC1 I can run some instances. But updating databases from older release does now work.

I have the same issue, and I'm sure it's not because of the RC version. I receive the following message in terminal, when I start the server:

[1] 6091
odoo@waterstars-server:~/v8/server$ ERROR: couldn't create the logfile directory. Logging to the standard output.
Exception in thread openerp.service.httpd:
Traceback (most recent call last):
  File "/usr/lib/python2.7/threading.py", line 551, in __bootstrap_inner
    self.run()
  File "/usr/lib/python2.7/threading.py", line 504, in run
    self.__target(*self.__args, **self.__kwargs)
  File "/opt/odoo/v8/server/openerp/service/server.py", line 274, in http_thread
    self.httpd = ThreadedWSGIServerReloadable(self.interface, self.port, app)
  File "/opt/odoo/v8/server/openerp/service/server.py", line 84, in __init__
    handler=RequestHandler)
  File "/usr/lib/python2.7/dist-packages/werkzeug/serving.py", line 331, in __init__
    HTTPServer.__init__(self, (host, int(port)), handler)
  File "/usr/lib/python2.7/SocketServer.py", line 408, in __init__
    self.server_bind()
  File "/opt/odoo/v8/server/openerp/service/server.py", line 94, in server_bind
    super(ThreadedWSGIServerReloadable, self).server_bind()
  File "/usr/lib/python2.7/BaseHTTPServer.py", line 108, in server_bind
    SocketServer.TCPServer.server_bind(self)
  File "/usr/lib/python2.7/SocketServer.py", line 419, in server_bind
    self.socket.bind(self.server_address)
  File "/usr/lib/python2.7/socket.py", line 224, in meth
    return getattr(self._sock,name)(*args)
error: [Errno 98] Address already in use

Any ideas? I receive this after trying to restore a 7.0 database on Odoo V8.

run with differnt port ex- ./odoo.py --xmlrpc-port=8070

right now odoo 8.0 is in development phase and haing lot of bugs. some time v8 occurs problem.

u can also use master version or sass-5.