Netbeans 6.5.1 issue after Java for MAC OS X 10.5 Update 4

After I installed the "Java for MAC OS X 10.5 Update 4" my Netbeans 6.5.1 will not load a new project.  It starts and goes to 25% progress and hangs forever.  I had Netbeans 6.5 and the same issue occurred.  I am running the following Java version:

java version "1.5.0_19"

Java(TM) 2 Runtime Environment, Standard Edition (build 1.5.0_19-b02-304)

Java HotSpot(TM) Client VM (build 1.5.0_19-137, mixed mode, sharing)



Any ideas?  Thanks.