Cubase LE 4.1.3.853 Hotfix... problem?

Hello all… I have recently applied the Cubase LE 4.1.3.853 Hotfix. Everything is functioning well but the effects presets are not loading.

The effects themselves do load. I’m on a windows 7 machine.

Through poking around this site and online I see that these issues are usually file path related. I tried a few things kinda frustrated now and could use some advise.

Thanks