Well, I took the plunge. Signed up for the upgrade to PM5, copied my database, downloaded and installed the latest beta, applied the key, and fired it up. The application started with the message that it couldn't find PowerMail Files, and gave the option to Select it. I navigated to ~/Mail/PowerMail Files, but it was grayed out and couldn't be selected.
Tried it twice, threw away the Prefs, tried it again, but the same result. Clearly I'm missing something. Any advice? /Cap Cap Schwartz

