Take 3
Turns out that the update worked fine and it was my error. I had changed the user it is executed under weeks ago and did not update my process for upgrade so the permissions were out of wack.
beta22 of teamspeak 3 is up and running.
Name:4ALLofUS Chatrooms
Address:chat.4allofus.com:9987
Version:3.0.0-beta22 [Build: 10724]
Platform:Linux
Max Clients:500
Clients Online:3
Query Clients Online:1
Channels Count:12
Client connections:11
Query connections:277
Server Uptime:1 day, 7 hours, 49 minutes and 13 seconds