The framework / 1 latest version, 2.x requires ColdFusion 9.0.1 at least what you don't have (thanks for submitting your exact version - great answers to questions!). Just upgrade your server and you will be installed.
If you need support for ColdFusion 8 and 9.0.0, FW / 1 version 1.2 is still great software and will work on your existing server.
Nathan strutz
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