This is not the same issue as similar postings that have to do inability to delete folders that contain zero byte files.
If I try to rename any folder in my system, I get "Could not find this item" with the choices "Try Again" and "Cancel". When I click "Try Again", it always succeeds. So - my system isn't crippled - but it is so totally annoying. I can even right-click on my desktop, and choose "New... Folder" and type in a name, and I get "Could not find this item". The interesting thing is that the item's name does change even before I click "Try Again".
If I have a folder named "Folder1" and I rename it to "Folder2", I get the error that "Folder1" Could not be found - which is actually true, as it is already renamed to "Folder2".
Why is Windows 7 looking for the old folder name after renaming? I've also disabled AVG's live scanner to no avail.
Any thoughts or suggestions would be greatly appreciated.