Here is my situation:

I have a web application that we test using LOCAL url (file:///*whatever*), and for some reason, when Silk is setting the base-state it wants to interpret the forward slashes as the URL standard backslash.

I would have figured that Silk would have picked up the "file:///" prefix, but instead it tries to enter the URL w/out the prefix, and I get a 404.

I am using Silk 5.0.1, and IE5.. I have IE configured to all the defaults, and "friendly URL's" turned off.. Any ideas?