PerformancePoint error: Part III - Unable to connect to Server - SSRS 2008

It hit again, this time it is with Reporting Services 2008. PerformancePoint allows to connect with Reporting Server and lets to browse reports in the server, but the problem comes when we try to connect with the report. When the report is selected from the Browser, it throws an error saying "Unable to connect to server". After few minutes, we realized that the problem comes only with reports that have parameters, other reports can be connected. This is a bug and the hotfix is available here. For your reference, I had blogged two more issues I faced before, you can find them here (Part II)and here (Part I).