Windows Vista Trouble Starting Data Collector Set: System Error and Grayed-Out Options

[arbutus]

want to start a data collector but can neither create new one, option is grayed out, nor start an existing one that is available because of an error. the error is as follows. "When attempting to start Data Collector Set the following system error occured: The system cannot find the path specified."

 

[superbill]

There is some info. on Data Collector Error Handling on the Microsoft TechNet page.

Data Collector Error Handling