devilboy
Your settings seem to be correct. I tried to reproduce here following your instructions and the folder in the filter is not transferred.
What doesn't work (this is by design) is the following. Consider that you have the following item in the transfer queue:
Source: /stats
Destination: c:\blabla\stats
Filter: Exclude
Filter Item: /stats (Folder Path)
Now the folder stats is still transferred because the filter only applies to items that are enumerated during a readdirectory operation.
Regards,
Mat