Log Folder: Relative path '' not allowed

After downloading build 973 and developer build 974, the software does not allow you to change any of the settings under the "Tools" menu. Once in the "Settings" window, when you click on any of the subcategories, an error window comes up that reads 'Log Folder: Relative path '' not allowed'.

Here is my system information:

+- System -----------------------------

Microsoft Windows XP Professional
Service Pack 1 (Build 2600)

CPU Speed : 1794 MHz
Total Memory : 785420 KB
Free Memory : 387068 KB

+- SmartFTP ---------------------------

Version : 1.0.974.1
Time Stamp : 2003-02-14 01:46:49

+- Application DLL --------------------

Controls.dll : 1.6.974.1
FTPAPI.dll : 2.0.974.1
Language.dll : 1.0.974.1
ResEng.dll : 1.3.974.1

+- System DLL -------------------------

shell32.dll : 6.00.2800.1145 (xpsp2.021108-1929)
shlwapi.dll : 6.00.2800.1106 (xpsp1.020828-1920)
comctl32.dll : 6.0 (xpsp1.020828-1920)
riched20.dll : 5.30.23.1211
schannel.dll : 5.1.2600.1106 (xpsp1.020828-1920)

+- Internet Explorer ------------------

Version : 6.0.2800.1106

+- Winsock ----------------------------

Winsock : 2.2


....Any insights to this problem that anyone can offer would be greatly appreciated.

Thanks!

The error tells you the solution. "Fix" the "Log Folder" or disable logging.
Fix = make absolute path from relative path

-Mat