I don't see any Presets. What’s going on?
Another application, Adobe Flex, also saves a folder named "Flare" inside the ~/Library/Application Support folder. This causes a conflict with Flare and prevents Flare from being installed properly. A fix for this problem will be coming in a future point release for Flare. In the meantime, if you aren't using Flex, you can remove the existing Flare folder from ~/Library/Application Support and relaunch Flare, and that should allow your presets to appear.