After updating to 2.7 preferences locks up

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I updated PyC to 2.7 on my iMac and so far things are running okay.

I updated PyC to 2.7 on my Mac Book Air and every time I change something in preferences the preferences dialog locks up. Any ideas?
Could you please attach the contents of the logs directory (Help | Reveal Logs)?
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Dmitry Jemerov, Chief Technology Officer, JetBrains

PyC becomes unresponsive at startup. I click on the PyChram menu and it appears but hangs. Here are the idea.log, thread dump. I also can send what Apple collects when I force quit PyC but it is 1.3MB.
idea.log (808KB)
threadDump-20130209-194712.txt (74KB)