Edited Issue: Cannot Start Client Browser: "Object reference not set to an instance of an object." [25954]

When I try to start to SP Client Browser V1.5.1 I get an error message: "Object reference not set to an instance of an object."

There is no log created. Must happen very early in the Startup process. Screenshot is attached.
Comments: ** Comment from web user: BdeJager **

New release is out and fixes this bug, please check [SharePoint Client Browser v1.6](https://spcb.codeplex.com/releases/view/612007)