The autotext is not working if you are logged in under "localized" account.
For example, if you are logged in using "+?+?+?+?+?+?+?+?+?+?+?+?+?" account, or "#196;m" account (note umlauts!), the autotext does not work. I belive this problem has appeared after moving autotext from "Program Files" to "Documents and settings"..
This happens only when profile name contains non-english symbols.
The path for user account when autotex does not work: "C:\\Documents and Settings\\+?+?+?+?+?+?+?+?+?+?+?+?+?\\"
But this works just fine: "C:\\Documents and Settings\\Administrator\\"
In the latest build (10.4.1626.0) this issue still does exist.