Crash while using Favorites windows

SmartFTP (2.5.1006.26) crash while using Favorites window:
- Install SmartFTP (brand new installation, no previous installation)
- Launch SmartFTP
- Go to Favorites\Edit Favorites (Ctrl+E)
- Right-click on the right part of the window

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Report submit to Microsoft

+- System -----------------------------
Microsoft Windows XP Professional
Service Pack 2 (Build 2600)

CPU Speed : 3200 MHz
Total Memory : 2015 MB
Free Memory : 695 MB

+- SmartFTP ---------------------------
Version : 2.5.1006.26
Time Stamp : 2007-08-20 07:36:23
Platform : x86

+- Application DLL --------------------
sfFTPLib.dll : 1.5.9.29
sfFavorites.dll : 1.0.2.26
SmartHook.dll : 1.0.2.2

+- Language ---------------------------
SmartFTP.exe : 2.5.1006.26

+- Internet Explorer ------------------
Version : 7.0.5730.11

+- Winsock ----------------------------
Winsock : 2.2

PS: Nice software by the way

I guess it is because the right part is not built normally:

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After modifying the favorites the right part is displayed fine:

Image