the fr0st software will not open and gives an error message

Thank you for such a wonderful gift.

I have used both the installer and zip
when I have installed fr0st I get the following:

Error:
Traceback (most recent call last):
  File "fr0st.py", line 27, in <module>
  File "fr0stlib\gui\__init__.pyc", line 160, in MainLoop
  File "fr0stlib\decorators.pyc", line 45, in wrapper
  File "fr0stlib\gui\__init__.pyc", line 233, in __init__
  File "fr0stlib\gui\maineditor.pyc", line 44, in __init__
  File "fr0stlib\decorators.pyc", line 45, in wrapper
  File "fr0stlib\gui\maineditor.pyc", line 240, in __init__
  File "fr0stlib\gui\gradientbrowser.pyc", line 120, in __init__
  File "fr0stlib\gui\gradientbrowser.pyc", line 137, in load
  File "fr0stlib\gui\gradientbrowser.pyc", line 154, in <genexpr>
  File "<string>", line 106, in XML
ParseError: not well-formed (invalid token): line 1, column 22

Platform: win32

Config:
{'Bits': 0,
 'Edit-Post-Xform': False,
 'Favorite-Scripts': [u'C:\\Documents and Settings\\Bill\\Mes documents\\fr0st\\scripts\\reframe.py',
                      u'C:\\Documents and Settings\\Bill\\Mes documents\\fr0st\\scripts\\calculate_colors.py',
                      u'C:\\Documents and Settings\\Bill\\Mes documents\\fr0st\\scripts\\bilateral_symmetry.py',
                      u'C:\\Documents and Settings\\Bill\\Mes documents\\fr0st\\scripts\\xform_heat_map.py',
                      'None',
                      'None',
                      'None',
                      'None',
                      'None',
                      'None',
                      'None',
                      'None'],
 'Gradient-Settings': {'hue': (0, 1),
                       'nodes': (4, 6),
                       'saturation': (0, 1),
                       'value': (0.25, 1)},
 'Img-Dir': u'C:\\Documents and Settings\\Bill\\Bureau\\aaaaaa',
 'Img-Type': u'.bmp',
 'Large-Preview-Settings': {'estimator': 0,
                            'filter_radius': 0.25,
                            'quality': 100,
                            'spatial_oversample': 2},
 'Lock-Axes': True,
 'Preview-Settings': {'estimator': 0, 'filter_radius': 0, 'quality': 30},
 'Recent-Flames': (u"E:\\Fractal Software In Use\\fr0st-1.3-win32\\FLAME PACKS WORKING ON\\ 3D BD's Crackle-Julian-Bubble pk.flame",
                   u'E:\\Fractal Software In Use\\fr0st-1.3-win32\\FLAME PACKS WORKING ON\\0000-TO GO BACK TO NOW\\TO GO BACK TO NOW.flame',
                   u'E:\\Fractal Software In Use\\fr0st-1.3-win32\\FLAME PACKS WORKING ON\\0000-TO GO BACK TO NOW\\MARCH25.flame',
                   u'E:\\Fractal Software In Use\\fr0st-1.3-win32\\FLAME PACKS WORKING ON\\0000-TO GO BACK TO NOW\\March 25 2011- Renders.flame'),
 'Recent-Scripts': (u'C:\\Documents and Settings\\Bill\\Mes documents\\fr0st\\scripts\\default.py',),
 'Rect-Editor': ((132, 132, 865, 500), False),
 'Rect-Main': ((-42, -10, 848, 736), False),
 'Rect-Preview': ((783, 218, 520, 399), False),
 'Render-Settings': {'buffer_depth': 64,
                     'earlyclip': True,
                     'estimator': 200.0,
                     'estimator_curve': 5.0,
                     'estimator_minimum': 0.0,
                     'filter_kernel': 5,
                     'filter_radius': 0.5,
                     'nthreads': 0,
                     'quality': 20000,
                     'spatial_oversample': 2,
                     'transparent': False},
 'Var-Preview-Settings': {'depth': 1, 'numvals': 20, 'range': 2},
 'Variation-Preview': True,
 'World-Pivot': False,
 'Xform-Combo': {'rotate': 0.1, 'scale': 0.1, 'translate': 0.1},
 'flamepath': u"E:\\Fractal Software In Use\\fr0st-1.3-win32\\FLAME PACKS WORKING ON\\ 3D BD's Crackle-Julian-Bubble pk.flame",
 'jpg-quality': 95,
 'renderer': 'flam3',
 'version': 'Fr0st 1.3'}

Flame Path:
'<not set>'

UserParametersDir: C:\Documents and Settings\Bill\Mes documents\fr0st\parameters
RendersDir: C:\Documents and Settings\Bill\Mes documents\fr0st\renders
UserScriptsDir: C:\Documents and Settings\Bill\Mes documents\fr0st\scripts
ConfigDir: C:\Documents and Settings\Bill\Mes documents\fr0st
Frozen: True
AppBaseDir: E:\Fractal Software In Use\fr0st-1.3-win32\fr0st-1.3-win32\fr0st-1.3-win32\fr0st-1.3-win32
IconsDir: E:\Fractal Software In Use\fr0st-1.3-win32\fr0st-1.3-win32\fr0st-1.3-win32\fr0st-1.3-win32\icons

fr0st exe
Traceback (most recent call last):
  File "fr0st.py", line 27, in <module>
  File "fr0stlib\gui\__init__.pyc", line 160, in MainLoop
  File "fr0stlib\decorators.pyc", line 45, in wrapper
  File "fr0stlib\gui\__init__.pyc", line 233, in __init__
  File "fr0stlib\gui\maineditor.pyc", line 44, in __init__
  File "fr0stlib\decorators.pyc", line 45, in wrapper
  File "fr0stlib\gui\maineditor.pyc", line 240, in __init__
  File "fr0stlib\gui\gradientbrowser.pyc", line 120, in __init__
  File "fr0stlib\gui\gradientbrowser.pyc", line 137, in load
  File "fr0stlib\gui\gradientbrowser.pyc", line 154, in <genexpr>
  File "<string>", line 106, in XML
cElementTree.ParseError: not well-formed (invalid token): line 1, column 22
Exception in thread RenderLoop (most likely raised during interpreter shutdown):Exception in thread bgRenderLoop (most likely raised during interpreter shutdown):
Traceback (most recent call last):
  File "threading.pyc", line 530, in __bootstrap_inner
  File "threading.pyc", line 483, in run
  File "fr0stlib\decorators.pyc", line 67, in wrapper
  File "fr0stlib\gui\renderer.pyc", line 107, in bgRenderLoop
<type 'exceptions.AttributeError'>: 'NoneType' object has no attribute 'sleep'

Thank you,

Bill