BUG #1488: CREATE TABLESPACE does not work

The following bug has been logged online:

Bug reference:      1488
Logged by:          Jesper Udby
Email address:      jesper_pg@judby.dk
PostgreSQL version: 8.0.1
Operating system:   Win32 XP Pro SP2
Description:        CREATE TABLESPACE does not work
Details:

Hello.

Trying to create a tablespace fails with msg "ERROR:  could not set
permissions on directory "...": Permission denied".

E.g.

CREATE TABLESPACE pgtest LOCATION 'c:\\pgtest';

(Directory c:\\pgtest exists and is readable etc.)