Answer:

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Note: A successful installation overwrites existing files. It is your responsibility to make a backup of your existing Foxhound installation if you want one. The simplest way to make a complete backup is to stop the Foxhound engine, then make a copy of the entire Foxhound1 folder and subfolders... do this BEFORE installing the new version of Foxhound. Here is where the folder is located on Windows XP and Vista:

C:\Documents and Settings\All Users\Application Data\RisingRoad\Foxhound1
C:\ProgramData\RisingRoad\Foxhound1

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Click on start - All Programs - Foxhound1 - Tools - Unsetup Foxhound

If you forget to run unsetup first you may see this message: Another version of this product is already installed. Just run unsetup and try again.

Note that the post-setup process will try to copy and upgrade the data stored in your existing Foxhound database before overwriting it.

See also...
How do I install Foxhound?
How do I reinstall Foxhound?
Another version of this product is already installed.
Why is it called "unsetup" instead of "uninstall"?
How do I remove Foxhound from my system?
How do I backup my Foxhound database?
How do I backup my Foxhound database on a regular basis?
The $backup_foxhound1.bat file looked for a path specification in the FOXHOUND1 environment variable and it was empty.