This brings some changes and is not working 100% for now.
The changes are that on W2k, XP will use the folder "C:\Documents and Settings\username\Local Settings\Application Data\Exult".
On Vista and W7 it will use "C:\Users\username\AppData\Local\Exult".
On Windows 95 it will still use the Exult installation folder. Windows 98, 98SE and ME might use a similar folder to W2k and XP - I just don't know

There Exult will store and use exult.cfg, savegames, gamedat files, stderr.txt and stdout.txt (and for Exult Studio studio_err.txt and studio_out.txt).
For existing users of Exult this will mean that Exult will just copy the existing exult.cfg to the new loaction and will use the new exult.cfg. It will not copy savegames and gamedat files. You will need to copy your files to the new location manually.
Also all Mods and Patches need to be copied manually.
To get to the new location select the "Run" in the startmenu (or the search or run in Vista/W7) and enter "shell:Local AppData\Exult" (without the quotes).
Issues:
No known issues remaining, atm.
The reason for these changes are that on Windows Vista and newer Windows the old way of storing exult.cfg, savegames etc. was no longer working correctly. So that needed changing and the best way was to make Exult behave the same on all Windows OS.