Just to confirm John's reply, you can delete it and set the check box in preferences again if you wish, and it will automatically create a new file in the correct location ( x:\bb\data\ ).

BIAB & RB2025 Win.(Audiophile), Sonar Platinum, Cakewalk by Bandlab, Izotope Prod.Bundle, Roland RD-1000, Synthogy Ivory, Kontakt, Focusrite 18i20, KetronSD2, NS40M Monitors, Pioneer Active Monitors, AKG K271 Studio H'phones