*Shortcut [CAPTION] [X] [Y] [NORMAL.BMP] [HOVER.BMP] [CLICK.BMP] #[GROUP][FLAGS] [HOVER.WAV] [CLICK.WAV] [ACTION]

These work:
*shortcut "" 5 5 $lsimagefolder$icons\opera.bmp .none .none "$Browser$"
*shortcut "" 45 5 $lsimagefolder$icons\gamespy.bmp .none .none "$GSpy$"
*shortcut "" 65 5 $lsimagefolder$icons\Acid.bmp .none .none "$Acid$"

But this doesn't:
*shortcut "" 25 5 $lsimagefolder$icons\daoc.bmp .none .none "$Camelot$"

Like I said it's probably something to do with the way the program starts, I'll try some other shortcut modules and see what happens
-Tesh