I also noted that while this method does fill the New Icon screen, it does not pick up the Start Up Path as does the alternative method or using the ... or folder buttons. At times even that does not pick up the Start Up Path. This necessitate using ... button to locate the correct path. This does not seem to work properly as it should pickup the Start Up Path when it picks up the Program Path.
Another annoying feature is that this then dumps the icon in the system tray and DOES NOT GIVE me the choice of where I want it located. I should be able to choose a folder where I want the icon to go and not have to manually move it later.
Another option that should be available is to set the default folder for the icons. The program defaults to C:\WINDOWS\system32\shell32.dll on my system I have icons stored in another directory that I would prefer to use. To access these, I have to use the browse option which is a royal pain.