Yeah went through all of that already lol. As I said, I did the shortcuts up. Im in steam, so I did the whole super long structure to the conan folder in steam, and I did the same for this app. Thats the error I get with the proper paths set in start in and target. It is not installed into the program files directories.
Ive since found that AOQS.net fixed the revision problem though. =)
Did you make sure you had double quotes around each of the three paths in the target line? (the path and exe for the revision check exe, the path for the customized directory and the path for the default gui).
The error you got was that the program could not find a file in the default folder which means the path's were most likey not passed correctly to the application from the shortcut.
Target: "D:\aoc\AoC_FixRevision.exe" "D:\steam\steamapps\common\Age of Conan\Data\Gui\Customized" "D:\steam\steamapps\common\age of conan\Data\Gui\Default"
Are you running Windows Vista/7 with UAC turned on? I went back and looked at your error again and it was erroring trying to open the log file the application writes to and displays to you at the end. It tried to write the log file to the Customized directory. You downloaded/installed the game thru Steam, does it do anything with read only/write permissions to the directories?
If you have UAC turned on, try running the revision fix EXE as an administrator and then maybe it will be able to create the log file.