How do you choose to set the settings? It has nothing but press button to install dashlaunch. Also i can find any .ini file to modify the ping patch to true (unless .ini files are invisible on a mac).
all i do is run the .xex file in the latest dashlaunch release on xbins, and it asks on the first line do you wish to set settings
if you say yes it basically asks you all the settings in the ini file and builds the launch.ini for you
if you say no it copies the launch.ini that is present in the dir of the app.