Install Space Manager 6.2.1 The Key Directory Specified does not exist (4311254)

During installation of Space Manager 6.2.1 you encounter the following error:
"The Key Directory Specified does not exist. Do you want to create this directory?"

It is a bug that the installer did not create that directory.

WORKAROUND:
Create the "C:\Documents and Settings\All Users\Application Data\Quest Software\Quest Central" directory manually. Make sure the Windows user that executes Space Manager has write access to that directory.  

STATUS:
Waiting for fix in a future release of Space Manager with LiveReorg.