It didn't work for me. IT put wscript.exe.config and cscript.exe.config (they are the same as SEGuide.exe.config) in System32 and SysWOW64 folders. It looks like it's picking up config since in application log there is no line saying DEBUG SAS.EG.Scripting.Application [(null)] - No Environment Section found in the app.config file like it was before. But the temp folder is created in old location, not in the one specified in config file.
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