When trying to run the Series_60_MIDP_Concept_SDK_Beta_0_3_1_Nokia_edition

emulator.exe or prefs.exe, I get the message
"Unable to Run Java from <gibberish>"

Obviously somthing is not set correctly, but I can in fact run a java or javac from the same console.

I tried re-installing the app (in case its some registry setting thats snafu) but that did not help. Anyone have any info?