1. Glad to know it's a known problem. Yes, I do have Fences, and no, I am not going to uninstall it because I like it. 2. I tried the "snapshot" workaround -- didn't work for me. My Explorer windows open still -- but only when I return from Windows "locked" mode with CTRL-ALT-DEL and my password. 3. Has anyone seen the problem formally reported on Fences site via "known defects" or an open defect-tracking request?