Ahhh, config has 2.5isms in it. Beginning to debug.

IPython/config/api.py

@@ -22,9 +22,9 b' from IPython.genutils import get_home_dir, get_ipython_dir'
 from IPython.external.configobj import ConfigObj
 
 # Traitlets config imports
-from IPython.config import traitlets
-from IPython.config.config import *
-from traitlets import *
+# from IPython.config import traitlets
+# from IPython.config.config import *
+# from traitlets import *
 
 class ConfigObjManager(object):