Install JDK or JRE Mustang B30.
Launch Control Panel.
Under General Tab click Settings
Click "View Applications" on the new popup..
Error Window pops up with the message "Unable to launch specified application"
This behavior is observed on all the platforms..

PS. Attached image.
On clicking details button on the error pop up the following message is seen

java.lang.NullPointerException
at com.sun.deploy.cache.Cache.getJnlpCacheEntries(Cache.java:547)
atcom.sun.javaws.ui.CacheTable$CacheTableModel.refresh(CacheTable.java:211)
at com.sun.javaws.ui.CacheTable$CacheTableModel.<init>(CacheTable.java:185)
at com.sun.javaws.ui.CacheTable.reset(CacheTable.java:109)
at com.sun.javaws.ui.CacheTable.<init>(CacheTable.java:94)
at com.sun.javaws.ui.CacheViewer.<init>(CacheViewer.java:109)
at com.sun.javaws.ui.CacheViewer.main(CacheViewer.java:1110)
at com.sun.javaws.Main.continueInSecureThread(Main.java:196)
at com.sun.javaws.Main$1.run(Main.java:94)
at java.lang.Thread.run(Thread.java:595)
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