I just bought the commercial version (7.06.1) and this still happens.

I also tried deleting and recreating the script. On launch I get the error in the splash and now I get an actual msg box captioned "Error E355" saying "startup failure".

Ok, but then I comment out the offending line of code, run it, uncomment the line and now it freaking works?!?!?!?!?!

Does the SED have a Clean & Rebuild like VS.net?