I have some workarounds for you. These fixes are here but in the full download. If you were to get the 1.2.3 version those errors would be gone.
first workaround:

edit member.php
go to the very bottom of the file you should see this:
// parse this next line with eval:
$sendtoname=$destuserinfo[username];
eval("standardredirect(\"".gettemplate("redirect_s entemail")."\",\"usercp.php?s=$session[sessionhash]\");");
}
?>
You are supposed to have another } above the ?>. Insert the } on the line before the ?> so that you have:
// parse this next line with eval:
$sendtoname=$destuserinfo[username];
eval("standardredirect(\"".gettemplate("redirect_s entemail")."\",\"usercp.php?s=$session[sessionhash]\");");
}
}
?>
About your link in the control panel being black.
I am going to have to look into that a little further. Can you get the link that menu choice points to? I think if you float over the link you should be able to see were it points to. If you have to type it I don't need the ?s=1235098274350943 stuff. mine points to
http://{mysite}/dev1/admin/options.php?t=0#settinggroup36
that is after I took out the session information, ?s= stuff