Preferences file could not be read : Solved. More input/suggestions requested

  • Version: 26.0.1656.24 - Opera is up to date
    Update stream: Stable
    System: Windows XP 32-bit
    Browser identification

    Mozilla/5.0 (Windows NT 5.1) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/39.0.2171.65 Safari/537.36 OPR/26.0.1656.24

    Paths

    Install: C:\Program Files\Opera
    Profile: C:\Documents and Settings\John Smith\Application Data\Opera Software\Opera Stable
    Cache: C:\Documents and Settings\John Smith\Local Settings\Application Data\Opera Software\Opera Stable

    Symptom: Message above during startup (Preferences file)

    Resolution: Changed ownership permissions of Preferences file listed below

    C:\Documents and Settings\John Smith\Application Data\Opera Software\Opera Stabl
    e>dir prefer
    Volume in drive C has no label.
    Volume Serial Number is 8F9B-F9E3

    Directory of C:\Documents and Settings\John Smith\Application Data\Opera Softwa
    re\Opera Stable

    11/30/2014 03:41 PM 89,908 Preferences
    08/15/2014 04:21 PM 78,823 Preferences.bad
    2 File(s) 168,731 bytes
    0 Dir(s) 59,771,006,976 bytes free

    C:\Documents and Settings\John Smith\Application Data\Opera Software\Opera Stabl
    e>

    Otherwise I would always get an Access Denied when I tried operations on this file

    Question 1): Why would the permissions of this file get into a bad state?
    Question 2): What is the ROT (Rule of Thumb) for this file's utilization? (Which copies, Where can they be located and in what order will each 'version' be 'loaded'
    Question 3): What do you recommend for a recovery process?
    Question 4): SpitBall/Elaborate to provide a complete 'response' ...

    TIA

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