I updated my running it twice spreadsheet to calculate the EV with a single out. It still makes no difference to the EV whether you run it once or twice with only one out. Yes, it is impossible to win twice with only one out, but it does not change the EV.
For a $100 bet:
Running it once with one out: -$95.45
Running it twice with one out: -$95.45
To check my math, see the Excel spreadsheet at
http://www.saltlakepoker.com/poker/runningittwice.xls
And see my post on the subject at:
http://forumserver.twoplustwo.com/showfl...part=1&vc=1