On 29 May 2014, at 3:10, Bill Gibson wrote:
[…] TM2 still has the same error message despite my following all the instructions in the Revert-To-Defaults several times and re-downloading and installing TM2.
From your tiny screen capture it seems you have set PATH (twice!) and TM_SUPPORT_PATH in Preferences → Variables.
The latter should never be set (and explains the error), the former should be unnecessary.