I'm not running Netdrives but this thread got me thinking. I do run an online backup/sync program called ZumoDrive which essentially shows up as Z: but is a remote server... similar as Netdrive. After some playing around, simply exiting the program got Reader Library to start normally.
I would suggest to anyone having problems that perhaps it is the Reader Library Launcher causing problems... any network drives you may have may be causing problems. I also have a local server mapped to O: but it appears to be alright...
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