Problems Starting IDE

Can anyone help my out?

I've built a NIOS II in a Cyclon FPGA using SOPC and the latest quartus.

I'm trying to start the IDE and create a software projecy.

I've tried both the New Project wizard and New C/C++ Wizard.

Both give me the same error message

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Invalid project description.

D:/Alarmco/2004/PermaPlay/FPGA/Cyclone/V2V00-17/software/dhrystone_0_syslib and D:/Alarmco/2004/PermaPlay/FPGA/Cyclone/V2V00-17/software overlap.

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I've tried all the different types of projects and all give the same error message.

I can find the ptf file and the proper cpu in that file.

I'm dead in the water.

Help [a not so happy simely face goes here!!!]

george