Product Version: NetBeans IDE Dev (Build 20110606-3305f78dc19d)
Java: 1.6.0_25; Java HotSpot(TM) Client VM 20.0-b11
System: Windows 7 version 6.1 running on x86; Cp1252; en_US (nb)
Userdir: S:\Users\vbk\nb71ud\june6a

I pulled the sources from web-main and started the IDE with a new userdir

I installed the JUnit module when the IDE asked.

I did not import settings.

I opened the favorites window and navigated to \Users\vbk\nbhg\releases\glassfish.common.

I expanded that node and selected the nbproject folder node in the favorites explorer.

I was trying to see if issue 198492 was resolved....

similar to these two examples

WARNING [org.netbeans.modules.masterfs.watcher.Watcher]: Cannot add filesystem watch for S:/Users/vbk/nbhg/web-main.old/.hg
INFO [org.netbeans.modules.masterfs.watcher.Watcher]: Exception
java.io.IOException: wrong path
        at org.netbeans.modules.masterfs.watcher.WindowsNotifier.addWatch(WindowsNotifier.java:299)
        at org.netbeans.modules.masterfs.watcher.WindowsNotifier.addWatch(WindowsNotifier.java:71)
[catch] at org.netbeans.modules.masterfs.watcher.Watcher$Ext.register(Watcher.java:237)
        at org.netbeans.modules.masterfs.watcher.Watcher$Ext.refreshRecursively(Watcher.java:207)
        at org.netbeans.modules.masterfs.ProvidedExtensionsProxy.refreshRecursively(ProvidedExtensionsProxy.java:307)
        at org.netbeans.modules.masterfs.filebasedfs.fileobjects.FileObjectKeeper.init(FileObjectKeeper.java:117)
        at org.netbeans.modules.masterfs.filebasedfs.fileobjects.FolderObj.refreshImpl(FolderObj.java:525)
        at org.netbeans.modules.masterfs.filebasedfs.fileobjects.BaseFileObj.refresh(BaseFileObj.java:774)
        at org.netbeans.modules.masterfs.filebasedfs.fileobjects.FolderObj.refresh(FolderObj.java:531)
        at org.netbeans.modules.masterfs.filebasedfs.fileobjects.RefreshSlow$1.run(RefreshSlow.java:80)
        at org.netbeans.modules.masterfs.filebasedfs.utils.FileChangedManager.idleIO(FileChangedManager.java:187)
        at org.netbeans.modules.masterfs.filebasedfs.fileobjects.RefreshSlow$1.run(RefreshSlow.java:87)
        at org.openide.filesystems.FileUtil$2.run(FileUtil.java:588)
        at org.openide.filesystems.EventControl.runAtomicAction(EventControl.java:125)
        at org.openide.filesystems.FileSystem.runAtomicAction(FileSystem.java:566)
        at org.openide.filesystems.FileUtil.runAtomicAction(FileUtil.java:572)
        at org.openide.filesystems.FileUtil.runAtomicAction(FileUtil.java:592)
        at org.netbeans.modules.masterfs.filebasedfs.fileobjects.RefreshSlow.refreshFileObject(RefreshSlow.java:91)
        at org.netbeans.modules.masterfs.filebasedfs.fileobjects.FileObjectFactory.refresh(FileObjectFactory.java:533)
        at org.netbeans.modules.masterfs.filebasedfs.fileobjects.FileObjectFactory.refresh(FileObjectFactory.java:508)
        at org.netbeans.modules.masterfs.filebasedfs.fileobjects.FileObjectFactory.refreshAll(FileObjectFactory.java:440)
        at org.netbeans.modules.masterfs.filebasedfs.fileobjects.FileObjectFactory$1.run(FileObjectFactory.java:713)
        at org.netbeans.modules.masterfs.filebasedfs.FileBasedFileSystem.runAsInconsistent(FileBasedFileSystem.java:109)
        at org.netbeans.modules.masterfs.filebasedfs.fileobjects.FileObjectFactory.refresh(FileObjectFactory.java:720)
        at org.netbeans.modules.masterfs.filebasedfs.fileobjects.RootObj.invokeRefreshFor(RootObj.java:197)
        at org.netbeans.modules.masterfs.filebasedfs.fileobjects.RefreshSlow.run(RefreshSlow.java:67)
        at org.netbeans.core.ui.warmup.MenuWarmUpTask$NbWindowsAdapter.run(MenuWarmUpTask.java:298)
        at org.openide.util.RequestProcessor$Task.run(RequestProcessor.java:1424)
        at org.openide.util.RequestProcessor$Processor.run(RequestProcessor.java:1968)
WARNING [org.netbeans.modules.masterfs.watcher.Watcher]: Cannot add filesystem watch for S:/Users/vbk/nbhg/web-main/websvc.rest.sam
INFO [org.netbeans.modules.masterfs.watcher.Watcher]: Exception
java.io.IOException: wrong path
        at org.netbeans.modules.masterfs.watcher.WindowsNotifier.addWatch(WindowsNotifier.java:299)
        at org.netbeans.modules.masterfs.watcher.WindowsNotifier.addWatch(WindowsNotifier.java:71)
[catch] at org.netbeans.modules.masterfs.watcher.Watcher$Ext.register(Watcher.java:237)
        at org.netbeans.modules.masterfs.watcher.Watcher.register(Watcher.java:119)
        at org.netbeans.modules.masterfs.filebasedfs.fileobjects.BaseFileObj.addFileChangeListener(BaseFileObj.java:479)
        at org.netbeans.api.project.ProjectManager$2.run(ProjectManager.java:292)
        at org.netbeans.api.project.ProjectManager$2.run(ProjectManager.java:233)
        at org.openide.util.Mutex.readAccess(Mutex.java:330)
        at org.netbeans.api.project.ProjectManager.findProject(ProjectManager.java:233)
        at org.netbeans.modules.projectapi.SimpleFileOwnerQueryImplementation.getOwner(SimpleFileOwnerQueryImplementation.java:131)
        at org.netbeans.modules.projectapi.SimpleFileOwnerQueryImplementation.getOwner(SimpleFileOwnerQueryImplementation.java:97)
        at org.netbeans.api.project.FileOwnerQuery.getOwner(FileOwnerQuery.java:150)
        at org.netbeans.modules.projectapi.ProjectSharabilityQuery.getSharability(ProjectSharabilityQuery.java:63)
        at org.netbeans.api.queries.SharabilityQuery.getSharability(SharabilityQuery.java:122)
        at org.netbeans.modules.mercurial.util.HgUtils.isIgnored(HgUtils.java:443)
        at org.netbeans.modules.mercurial.util.HgUtils.isIgnored(HgUtils.java:399)
        at org.netbeans.modules.mercurial.FileStatusCache.refreshFileStatus(FileStatusCache.java:509)
        at org.netbeans.modules.mercurial.FileStatusCache.refreshAllRoots(FileStatusCache.java:395)
        at org.netbeans.modules.mercurial.FileStatusCache.refreshAllRoots(FileStatusCache.java:465)
        at org.netbeans.modules.mercurial.MercurialInterceptor$RefreshTask.run(MercurialInterceptor.java:442)
        at org.openide.util.RequestProcessor$Task.run(RequestProcessor.java:1424)
        at org.openide.util.RequestProcessor$Processor.run(RequestProcessor.java:1968)