PyCharm 4.5.3 Django manage.py task not working after update
For version 4.5.3 only.  The issue is with the Django Settings file, in TEMPLATES.  It's a bug with the DIRS of TEMPLATES.  See bug report.  I commented out the TEMPLATES and it worked for me.
After upgrading 4.5.3 my Tools->Run manage.py task no longer works.  Clicking on the link does nothing.  No window pops up.  Going to "Python Console" does not work, same thing, nothing happens.
Going to Django in "Languages and Frameworks" and deselecting django allows the "python console" to properly work as a python interpreter.  Reselecting Django reproduces the above results.
Settings for Django:
Django Project Root is the same folder which contains manage.py
Settings is my settings file
Manage script is manage.py
Settings for Django Console:
proper python interpreter 
working directory is the same directory where manage.py is.
Project runs fine
Again, it all worked fine, updated to 4.5.3, and it stopped working.  Any ideas?
Other issues, caused by the same thing, is that my test configuration doesn't run.
Edit: youtrack.jetbrains.com/issue/PY-16434 - Added
Edit: It's a bug, being fixed