What is the link you are putting in for it to redirect to and what is the link showing up in the source coder or in the status bar when you hover over it?
On my site, it shows that url if you hover over it, but if you click on it, it redirects to the url you put in there, which is what it says it will do:
Quote:
Forum Link (Entering a URL here will cause anyone clicking the forum link to be redirected to that URL)