Carol- I did some very limited testing of RTF printing to file with this version of PAF. It seemed successful, however PAF exports the photo links in Dos/Win 3.1 8.3 format, not the long filename Windows 9x format.
You might try a Gedcom export and see if your photo links are included. Also, you might take a look at your photo naming conventions to see if your first eight characters are identical for all images. Windows will truncate long filenames to short, and some confusion might occur. john