--- a/Preferences/ConfigurationPages/MultiProjectPage.py	Tue Jul 10 19:06:38 2012 +0200
+++ b/Preferences/ConfigurationPages/MultiProjectPage.py	Wed Jul 11 19:15:52 2012 +0200
@@ -39,7 +39,7 @@
             Preferences.getMultiProject("RecentNumber"))
         self.workspaceEdit.setText(
             Utilities.toNativeSeparators(
-                Preferences.getMultiProject("Workspace")))
+                Preferences.getMultiProject("Workspace") or Utilities.getHomeDir()))
         
     def save(self):
         """