Default image does not display if imagecache is used.

1. CCK version
- 5.x-1.10
2. imagefield version
- 5.x-2.1
3. permissions for your tmp and files directory.
- permissions allow for file uploads etc
4. download method (public or private files)
- public
5. imagefield configuration
- default apart from default image uploaded and ticked to use
6. expected results
- default image, should get resized according to what is selected in content type > display fields > teaser/full
7. the unexpected actual results
- image will not display if an imagecache preset is choosen, if a drupal default preset is choosen the image displays
8. Steps to reproduce the problem
- Install latest cck,imagefield,imagecache modules. Set up content type with a default image. Create imagecache preset and choose this preset in content type > display fields for the imagefield.

I have a content type set up with a default image using imagefield. If I try to specify an imagecache preset to display the default image at different sizes, i.e for teaser/ full page etc, the image does not display. If i choose a default drupal preset (link to node), the image dispays fine at its normal size.

Any help would be great as this is driving me mad!

Thanks,
Mark