"You will see Swapmagic's Splash Screen, and then see uLE's main screen. Don't be alarmed to see 'FAILED TO LOAD LAUNCHELF.CNF'. It's normal since it doesn't have a config file on your memory card yet to load"
Actually I still have this message after ESR failed to load disk in fastboot and procedure switched to uLE browser. Didn't notice in tutorial anything related to this file.