This project packaged successfully 5 months ago (version 3.4.0?), but now after only minor updates fails to package:

The final entry in the log is nearly useless: "StatusMessage: The project package tool has started".
The projects contains six layouts and ten maps, but even when stripped down to a single layout and map with no references to the enterprise SDE database, it still fails with the same message.
Any suggestions? Is project packaging broken in 3.4.2?