I thought I was being really smart here... I created an alias of my applications folder and placed it into the top level of my script folder so I could access it from FastScripts. Here’s what happened.
First, FS hung up the first time I tried to access it after adding the aliased folder - force quit in Activity Monitor. So I deleted the folder, restarted FS and unchecked automatically synchronize script folder in preferences. I added the folder again and manually synchronized. It took awhile (giving me the rainbow beach ball in the meantime) but it finished and I could now access all my apps from FS. Cool.
However, when I try to access preferences via the drop down menu, FS hangs up - impressively!
Just wanted to let you know - my applications folder is back in my dock. I’m on a 2.4 gh MBP with 2 gigs of ram, if that makes any difference. In any case, I’m really enjoying FastScripts overall!