Qt Creator 2.0.1 (part of Qt SDK 4.7.0) tries and fails to start gdb because it uses the folder from the previous Qt SDK install which no longer exits.

Here are the content of the two dialog boxes that report the problem:

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Adapter start failed
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Unable to start gdb 'C:\Qt\2010.04\pythongdb\gdb-i686-pc-mingw32.exe': Process failed to start: The system cannot find the path specified.
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OK
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Gdb I/O Error
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The Gdb process failed to start. Either the invoked program 'C:\Qt\2010.04\pythongdb\gdb-i686-pc-mingw32.exe' is missing, or you may have insufficient permissions to invoke the program.
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OK
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