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The compound border xml tag inside the form file is named as: "CompundBorder". To produce this problem, add a JTextField to a JPanel, then set border to Compound Border. Next, save and open the .form file in a text editor. You'll see the tag is named as: "CompundBorder". Maybe put a conditional in the import code so old form would works too, however, when save, save in new form.
Congratulation, you have found more than 5 years old typo :-). You are right, it should be easy to fix it even if we have to be able to open the old forms with the typo.
Fixed. Modified file: /cvs/form/src/org/netbeans/modules/form/editors2/BorderEditor.java new revision: 1.72; previous revision: 1.71