I receivd notification of an update this morning and updated my IntelliJ to 12.1.4 build IU-129.713
Since the upgrade I have not been able to compile my Android project. It complains that the Android SDK home path is not valid. I invalidated the cache in case that was the problem, but it didn't help. See attached screenshot.
The Android SDK home has not moved, and this used to work. It just won't work with the new version of IntelliJ. Any workarounds?