I noticed that the flaunch.ini that comes with the new windows installer is much shorter than the old one.
Take a look at the old one at http://cvs.sourceforge.net/cgi-bin/viewcvs.cgi/freenet/Contrib/wininstall/Freenet/FLaunch.ini. The new one is missing a bunch of stuff, including the name of the node configurator, which is why freenet.exe isn't able to run it.
--Reuben
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