I had the same problem on Mac OS. And, I could not migrate settings. Reset preferences on launch as suggested here, did not resolve the problem. I had to go to the main library Preferences folder and reset permissions for the Photoshop CC 2014 Paths file and Photoshop CC 2014 Settings folder. I am disappointed that Adobe shipped an upgrade with such a fundamental flaw. I feel I should say something disparaging and derogatory about Adobe quality control, about how as a loyal customer, using Photoshop since version 2.5 and a CC subscriber I expect better. But, I'll leave those remarks to others.
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