Hi again.
Well, you were right -- uninstalling and reinstalling 2.49.4 did not lose my settings. (There's actually a checkbox you can check asking whether you want to delete settings when you uninstall, which naturally I did not check).
Unfortunately, it didn't solve the problem either. The icons for the Shortcut items still don't change with the new version.
These icons don't have to be in a specific location, do they? I'm choosing 64x64 .ico files that reside in a subfolder of my Pictures folder (e.g., C:\Users\john\Pictures\Icons\ico\xyz.ico).
It doesn't seem to be the dialog that's a problem. If I select an icon file from the dialog, then re-open the dialog again, the file I selected previously is pre-selected. So it seems to be registering the file choice. It just doesn't show up in the start menu ...
/John