I just update my ADT and when I try to see layout in an old project I get this message
"LayoutLib is too recent. Update your tool!"
what does it mean? what is LayoutLib?
You'll need to upgrade your ADT Eclipse plugin to the latest version. You more than likely updated your SDK tools, but didn't update the plugin along with it. See these links:
Can't preview Android XML layout - LayoutLib is too recent. Update your tool?